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Aug 22, 2024 · The wood products market is a critical component of the global economy, deeply intertwined with the forestry industry. It encompasses a vast array of products, including lumber, plywood, veneer, pulp, paper, and engineered wood products, all of which play a vital role in various sectors such as construction, furniture, packaging, and energy.
- Why is The Forestry Industry Important?
2. Forest Products and Renewable Energy. The forest industry...
- Why is The Forestry Industry Important?
Sep 20, 2024 · 2. Forest Products and Renewable Energy. The forest industry is important in the transition to renewable energy, with biomass from wood and forest residues being an important clean energy source. Products like cross-laminated timber (CLT) are becoming popular as eco-friendly alternatives in construction.
- Jordan Blake
Oct 1, 2024 · Forest products and applications. The U.S. and Western Europe have long been the major markets for Canadian forest products. In recent years, however, Canada has been transforming its export markets by building on the strength of the sector’s traditional high quality wood fibre products. Today, for example, China and other Asian countries ...
Apr 14, 2022 · Solid wood product manufacturing – Firms in this area engage in both primary (such as softwood lumber and structural panels) and secondary (such as millwork and engineered wood products) manufacturing for domestic consumption and export. This subsector accounted for approximately 44% of the forest sector’s contribution to the Canadian economy (as measured by real GDP) in 2013.
May 1, 2024 · In 2022, the forest sector contributed $33.4 billion (1.2%) to Canada’s nominal GDP, which represents a growth of 7% compared to 2021. However, real GDP was flat year-over-year. Canada’s total economy grew by 17% in nominal terms during 2022 and by 3.6% in real terms. Prices for wood products were elevated for much of 2022, while pulp ...
The annual report released by Canada’s Ministry of Natural Resources demonstrates the positive impact a strong forest and wood products industry has had on Canada’s economy. The wood product, logging and pulp and paper industries combined to contribute $34.8 billion to Canada’s nominal GDP in 2021, according to the report.
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Mar 25, 2024 · Sustainable Wood for a Sustainable World (SW4SW) promotes sustainable wood products and their value chains by advancing nature-based solutions to tackle the climate emergency and contribute to the achievement of the Sustainable Development Goals. A joint initiative of the Collaborative Partnership on Forests (CPF), SW4SW works with governments ...
