New
figures from Wood Resources Quarterly show that China’s wood
imports have increased hugely over the past ten years - which is
great news for those investing in sustainable forestry, claims FRA.
Seattle,
United States, June 23, 2012 -- New figures from Wood Resources
Quarterly show that China’s wood imports have increased hugely over
the past ten years - which is great news for those investing in
sustainable forestry, claims Forestry Research Associates (FRA).
Although
Chinese timber imports for the first quarter of 2012 were down
slightly, imports of logs have increased almost every year for ten
years. The reason behind the growing demand has been the country’s
expanding economy and house building. As a result China has become
the world’s largest importer of sawlogs, according to the report.
In
addition, the report showed that the US is now providing more of
China’s timber imports, while Russia and New Zealand are exporting
less to China. The reduction in the import of Russian timber could be
partly down to the fact that Russia has increased taxed on exported
lumber.
China’s
lumber imports were 15 times higher in 2011 than they were in 2001 -
demonstrating the major growth in demand from the emerging economy.
The value of the timber imported to China is now around $8 billion,
up from just $630 million in 2001.
“This
increase in demand from China has led to an increase in the return
that timber investors see after buying up sections of plantations -
through firms like Greenwood Management - or through investing in
forestry fund,” explained FRA’s analysis partner, Peter Collins.
FRA,
a research and analysis consultancy specializing in sustainable
forestry investment analysis, claims that investing in timberland is
still a good bet for those who would like to diversify their
portfolio. “Forestry and wood prices tend not to follow general
economic trends - so if the stock markets are losing value, chances
are, your timber investments will be holding up well,” explained Mr
Collins.
FRA
claims that Greenwood
Management, along with several other timberland
investment companies, offer an ethical investment choice for those
who want a tangible asset in return for their investment.
About
Forestry Research Associates
Forestry
Research Associates is a research and advisory consultancy that
focuses on forestry management, sustainability issues and forestry
investment around the globe.
Media
Contact:
Peter
Collins
Forestry
Research Associates
620
Vineyard Lane
Bainbridge
Island, WA 98110
(206)
316 8394
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