Waking The Sleeping Giant: An Analysis Of Australia’s Position In The International Pulpwood Market

Waking The Sleeping Giant: An Analysis Of Australia’s Position In The International Pulpwood Market

The forecast for the Australia forests products industry, under an assumed modest economic growth and a recovery in residential construction, is for an increase in domestic consumption. Sawn timber consumption is forecast to rise six percent in 1991-91 and by two percent per annum over the medium  term, while wood-based consumption is forecast to rise by nearly three percent in 1991-92 and by 4.5 percent per annum in the medium term. However, consumption of paper and paper products is projected to rise by less than one percent in 1991-92 but by three percent a year over the medium term.