The global forest products sector saw recovery in 2024 following a steep decline the previous year, according to a new report released on Wednesday by the UN Food and Agriculture Organization (FAO).
According to FAO, it’s statistics cover 77 product categories, 27 product groups and over 245 countries and territories. The report presents recent trends in data for trade and for each of the main forest product groups.
Global international trade in wood and paper products regained momentum, with modest growth recorded across most major product groups, according to FAO.
The upswing comes after a 14 per cent drop overall in trade of wood and paper products in 2023.
Industrial roundwood removals, referring to the total volume of wood harvested for uses other than energy, rose by two per cent in 2024, although its global trade declined by one per cent.
Global production of sawnwood such as planks, beams and other manufactured timber products, remained nearly unchanged but varied regionally. Trade in sawnwood recorded no overall change compared to 2023.
Wood-based panels grew for a second consecutive year. Global production expanded by 5 per cent.
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