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February 18, 2020

Global wood consumption hits lowest rate in the decade in 2019

  The growth in global wood consumption has increased by only 0.3% in 2019, the lowest rate in the past decade;  Since 2016, when the growth in wood consumption was about 3.7%, the growth rate has gradually decreased and si now close to zero;   The continuous increase in supply and weak demand growth in recent years has resulted in inflated inventories in almost all major timber importing countries.  In 2019, global wood consumption increased by only 0.3%, the lowest rate in the past decade. According to statistics, the average annual growth rate of ...

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