{"id":76300,"date":"2018-08-31T07:28:27","date_gmt":"2018-08-31T07:28:27","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/european-timber-operations-africa-move-asia\/"},"modified":"2025-09-19T08:48:51","modified_gmt":"2025-09-19T08:48:51","slug":"european-timber-operations-africa-move-asia","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/european-timber-operations-africa-move-asia\/","title":{"rendered":"European timber operations in Africa move to Asia"},"content":{"rendered":"

A major structural change is underway in the African timber industry as operations are reoriented away from the European market towards Asian markets.<\/em><\/p>\n

These issues are explored in one recent trade articles by Alain Karsenty, the Research Director of CIRAD. The article refers respectively to the \u201ccrises\u201d and \u201cbrutal weakening\u201d of European-owned forest and timber operations in Africa in recent years.<\/p>\n

According to M. Karsenty, \u201cEuropean dealers, formerly essential in the African timber industry, are gradually giving up their assets to Asian investors. Malaysian operators have been present in Central Africa since the mid-1990s.<\/p>\n

Chinese companies have entered the industry since the 2000s and, more recently, Indian investors, including the multinational Olam, have made their mark in Gabon and Congo\u201d.<\/p>\n

The process of transferring European-owned industry assets in Africa to Asian firms has been on-going now for some time, but there is a feeling that the withdrawal of Rougier, a company with such long and deep links to Africa, may mark a turning point.<\/p>\n

The share of African timber exports to Europe increased slightly in 2015 and 2016, due both to a slight uptick in European consumption and a big fall in exports to China (mainly due to bursting of the speculative bubble in rosewood). However, Europe\u2019s share of African exports slumped again in 2017 and appears to be falling fast in 2018.<\/p>\n

The on-going trade dispute between China and the United States might strengthen these trends. On 2nd August, the Trump Administration announced a new round of tariffs on $200 billion in Chinese goods, due to be implemented from 1st October.<\/p>\n

In retaliation, the Chinese government announced that if the US goes ahead, it will impose a wide-ranging package of sanctions on imports of US products, including a 25% tariff on American hardwood.<\/p>\n

Such measures are likely to enhance China\u2019s demand for hardwood products from other regions, including Africa.<\/p>\n

And as around 50% of all American hardwood exports are currently destined for China, it\u2019s also likely to encourage US hardwood exporters to focus more heavily on the European market, further increasing competition for tropical timber.<\/p>","protected":false},"excerpt":{"rendered":"

A major structural change is underway in the African timber industry as operations are reoriented away from the European market towards Asian markets. These issues are explored in one recent trade articles by Alain Karsenty, the Research Director of CIRAD. … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":60084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715],"tags":[3641,3299,3774],"class_list":["post-76300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","tag-africa","tag-europe","tag-tropical-timber","topic-forestry","topic-sawmilling","area-africa","area-asia-middle-east","area-europe"],"acf":[],"yoast_head":"\nEuropean timber operations in Africa move to Asia - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/european-timber-operations-africa-move-asia\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European timber operations in Africa move to Asia - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"A major structural change is underway in the African timber industry as operations are reoriented away from the European market towards Asian markets. 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