GITNUX MARKETDATA REPORT 2024

Forest Industry Statistics

Forest industry statistics provide information on the production, trade, employment, and sustainability of the forestry sector.

Highlights: Forest Industry Statistics

  • As of 2021, the global forestry industry was valued at approximately 726.1 billion U.S. dollars.
  • About 13.2 billion cubic feet of industrial roundwood is produced by the United States annually.
  • As of 2021, the Asia-pacific region dominates the forest products market, holding more than 50% of the global share.
  • Approximately 1.4 billion acres of forest land in the world are certified as sustainably managed.
  • The Canadian forest sector contributed $24.8 billion to Canada's nominal GDP in 2020.
  • Russia is the largest exporter of industrial roundwood, with export volume reaching nearly 21.1 million cubic meters in 2019.
  • The global forestry and logging industry grew by 0.7% in 2021.
  • Over 40% of the total industrial wood traded in the world is from sustainably managed forests.
  • As of 2019, 147,700 employees worked in the United States forestry and logging industry.
  • The forestry sector accounts for 0.8% of the total absolute energy consumption by industry in the European Union.
  • China holds the top spot in paper and paper products manufacturing, with total revenues of $897.0 billion in 2021.
  • Brazil is the 2nd largest pulp producer in the world, accounting for 12% of the world's pulp production.
  • In the US, the forestry and logging industry is expected to reach $11.75 billion in revenue by 2024.
  • Over 90 countries have agreed to follow international guidelines for the management of their forests.
  • Canada has the third largest area of forest in the world, covering 347 million hectares, which is about 9 % of the world's total forest area.
  • 58% of Europe's forests are certified under PEFC's Sustainable Forest Management standard.
  • China is the leading importer of logs and lumber, with imports totalling $8.9 billion in 2019.
  • The USA has 304.022 million hectares of forest area, constituting about 33% of the total land area.

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The Latest Forest Industry Statistics Explained

As of 2021, the global forestry industry was valued at approximately 726.1 billion U.S. dollars.

The statistic stating that the global forestry industry was valued at around 726.1 billion U.S. dollars as of 2021 represents the economic worth of the industry on a worldwide scale. This figure encompasses the revenue generated from various sectors within the forestry industry, including timber production, logging, wood products, paper, and other related sectors. It indicates the significant contribution of the forestry sector to the global economy, highlighting its importance in providing raw materials for various industries, supporting livelihoods, and driving economic growth. Monitoring the value of the forestry industry helps policymakers, businesses, and stakeholders understand the industry’s performance, trends, and potential for sustainable development and conservation efforts.

About 13.2 billion cubic feet of industrial roundwood is produced by the United States annually.

The statistic reveals that the United States produces approximately 13.2 billion cubic feet of industrial roundwood every year. Industrial roundwood refers to wood harvested specifically for commercial or industrial purposes, such as construction, manufacturing, and energy production. This statistic highlights the significant role that the forestry and wood products industry plays in the U.S. economy, providing raw materials for various sectors while also contributing to job creation and economic growth. Additionally, it underscores the importance of sustainable forest management practices to ensure the long-term availability of this valuable resource.

As of 2021, the Asia-pacific region dominates the forest products market, holding more than 50% of the global share.

The statistic ‘As of 2021, the Asia-Pacific region dominates the forest products market, holding more than 50% of the global share’ indicates that the countries located in the Asia-Pacific region collectively account for over half of the worldwide forest products market. This dominance suggests that a significant portion of the world’s production and consumption of forest products such as timber, pulp, and paper occurs in this region. Factors contributing to this dominance may include the vast expanse of forests in countries like China, Indonesia, and Japan, as well as the region’s growing economies and increasing demand for wood products. This statistic highlights the importance of the Asia-Pacific region in the global forest products industry and the need for sustainable management practices to ensure the long-term viability of these valuable resources.

Approximately 1.4 billion acres of forest land in the world are certified as sustainably managed.

The statistic that approximately 1.4 billion acres of forest land in the world are certified as sustainably managed indicates that a significant portion of global forests are being managed in an environmentally conscious and responsible manner. This certification suggests that these forest lands are being harvested or utilized in ways that promote long-term ecological balance and conservation of natural resources. Sustainable forest management practices aim to sustain ecosystem health, biodiversity, and productivity while also meeting the socioeconomic needs of present and future generations. The certification of such a substantial land area as sustainably managed reflects a positive trend towards ensuring the sustainability and preservation of our valuable forest resources on a global scale.

The Canadian forest sector contributed $24.8 billion to Canada’s nominal GDP in 2020.

The statistic “The Canadian forest sector contributed $24.8 billion to Canada’s nominal GDP in 2020” indicates the significant economic impact of the forest industry on Canada’s overall economic output for the specific year. This value represents the total monetary value of goods and services produced by the forest sector within Canada, including activities related to timber harvesting, wood products manufacturing, and other forest-related activities. The contribution of $24.8 billion highlights the importance of the forest sector as a key player in the Canadian economy, providing jobs, income, and various economic opportunities to individuals and communities across the country.

Russia is the largest exporter of industrial roundwood, with export volume reaching nearly 21.1 million cubic meters in 2019.

The statistic stating that Russia is the largest exporter of industrial roundwood, with an export volume of nearly 21.1 million cubic meters in 2019, highlights the significant role that Russia plays in the global timber industry. Industrial roundwood refers to raw timber harvested for industrial use, such as for the production of wood products. Russia’s high export volume underscores its vast forest resources and the importance of the timber sector to its economy. The statistic also suggests that Russia is a key supplier of raw timber to various countries worldwide, indicating its influence in the international timber market and the potential environmental and economic implications of such large-scale timber exports.

The global forestry and logging industry grew by 0.7% in 2021.

The statistic indicates that the global forestry and logging industry experienced a modest growth of 0.7% in 2021 compared to the previous year. This suggests that the industry saw a slight increase in its overall output or revenue during that period. Despite various challenges such as the impact of the COVID-19 pandemic and environmental concerns, the industry managed to expand, albeit at a slower pace. This growth may be attributed to factors such as increasing demand for wood products, sustainable forest management practices, and technological advancements in logging operations. Overall, the 0.7% growth reflects a positive trend for the global forestry and logging sector in 2021.

Over 40% of the total industrial wood traded in the world is from sustainably managed forests.

The statistic “Over 40% of the total industrial wood traded in the world is from sustainably managed forests” indicates that a significant proportion of the global wood trade comes from forests that are managed in an environmentally responsible and sustainable manner. This statistic suggests that a substantial portion of the wood products circulating in the marketplace are sourced from forests that prioritize long-term ecological balance, social responsibility, and economic viability. This trend is encouraging as it implies a growing awareness and commitment to sustainable forest management practices within the industrial wood sector, which is crucial for the preservation of global forest resources and biodiversity.

As of 2019, 147,700 employees worked in the United States forestry and logging industry.

The statistic states that as of 2019, there were a total of 147,700 individuals employed in the forestry and logging industry within the United States. This figure represents the number of people directly involved in activities such as harvesting timber, managing forests, and transporting wood products. Employment in this industry is significant as it plays a crucial role in the country’s economy, providing jobs to a considerable number of individuals involved in various aspects of the timber supply chain. Understanding the workforce size in the forestry and logging industry is essential for policymakers, researchers, and industry stakeholders to gauge its impact and make informed decisions regarding resource management, environmental sustainability, and labor policies.

The forestry sector accounts for 0.8% of the total absolute energy consumption by industry in the European Union.

The statistic that the forestry sector accounts for 0.8% of the total absolute energy consumption by industry in the European Union indicates the proportion of energy usage attributed to the forestry sector compared to all industries within the EU. This suggests that the forestry sector plays a relatively minor role in terms of energy consumption when compared to other industries. Understanding this statistic can be important for policymakers, energy planners, and environmentalists as it provides insights into the energy dynamics within the EU, highlighting areas where energy efficiency and sustainability measures can be focused on to reduce overall energy consumption and environmental impact.

China holds the top spot in paper and paper products manufacturing, with total revenues of $897.0 billion in 2021.

The statistic indicates that China is the leading country in the production of paper and paper products, generating a total revenue of $897.0 billion in 2021. This high revenue figure signifies the significant economic impact of the paper industry in China and highlights the country’s dominance in this sector on a global scale. China’s leading position in paper manufacturing reflects its extensive industrial infrastructure, technological advancements, and potentially large domestic market demand for paper products. The statistic underscores China’s role as a key player in the global paper industry and emphasizes its economic prowess in this specific sector.

Brazil is the 2nd largest pulp producer in the world, accounting for 12% of the world’s pulp production.

The statistic highlights Brazil’s significant role in the global pulp production industry, as it currently ranks as the world’s 2nd largest producer of pulp. Accounting for 12% of the world’s total pulp production, Brazil plays a crucial role in supplying the raw material for various industries such as paper manufacturing and packaging. This statistic underscores Brazil’s strong position in the market, reflecting its abundant natural resources, advanced production capabilities, and competitiveness in the global pulp sector. Additionally, the country’s substantial contribution to the world’s pulp production emphasizes its importance in meeting the growing demand for pulp products on a global scale.

In the US, the forestry and logging industry is expected to reach $11.75 billion in revenue by 2024.

The statistic indicates that the forestry and logging industry in the United States is projected to generate $11.75 billion in revenue by the year 2024. This suggests significant economic activity within the sector, reflecting the value of timber production, forest management services, and related activities in the country. The anticipated growth in revenue highlights the industry’s importance in contributing to the national economy and supporting jobs and livelihoods for individuals involved in forestry and logging operations. Factors such as increasing demand for wood products, sustainable forestry practices, and market trends are likely driving this projected revenue growth, indicating a positive outlook for the industry in the coming years.

Over 90 countries have agreed to follow international guidelines for the management of their forests.

The statistic “Over 90 countries have agreed to follow international guidelines for the management of their forests” highlights a significant global effort towards sustainable forest management. By agreeing to adhere to international guidelines, these countries are demonstrating a commitment to preserving their forest resources for future generations while balancing economic, social, and environmental considerations. This represents a collaborative approach to tackling issues such as deforestation, biodiversity loss, and climate change, as well as promoting responsible forest practices. The widespread adoption of these guidelines by a diverse group of nations underscores the recognition of the importance of forests in supporting biodiversity, providing ecosystem services, and contributing to sustainable development goals.

Canada has the third largest area of forest in the world, covering 347 million hectares, which is about 9 % of the world’s total forest area.

The statistic indicates that Canada possesses a significant amount of forested land, ranking third in the world in terms of total forest area. With approximately 347 million hectares covered by forests, Canada’s forested areas account for approximately 9% of the global forest cover. This highlights the substantial size and importance of Canada’s forests in the context of global environmental conservation and biodiversity. The vast expanse of forested land in Canada not only provides critical habitat for wildlife but also plays a crucial role in carbon sequestration, climate regulation, and resource sustainability. This statistic underscores Canada’s significant contribution to the preservation and management of the world’s forest ecosystems.

58% of Europe’s forests are certified under PEFC’s Sustainable Forest Management standard.

The statistic “58% of Europe’s forests are certified under PEFC’s Sustainable Forest Management standard” indicates that a significant portion of Europe’s forests have been certified to meet the sustainability criteria established by the Programme for the Endorsement of Forest Certification (PEFC). This certification standard ensures that forest management practices adhere to environmental, social, and economic sustainability principles, promoting responsible forest management. The high percentage of certified forests in Europe suggests a growing recognition and adoption of sustainable forestry practices in the region, demonstrating a commitment to conserving natural resources and safeguarding forest ecosystems for present and future generations.

China is the leading importer of logs and lumber, with imports totalling $8.9 billion in 2019.

The statistic that “China is the leading importer of logs and lumber, with imports totalling $8.9 billion in 2019” highlights the significant role that China plays in the global timber market. The substantial amount of imports points to China’s heavy reliance on foreign sources to meet its demand for wood products. This statistic reflects not only China’s development and construction boom but also its limited domestic timber resources. Additionally, it could indicate China’s status as a major manufacturer and exporter of wood-based products, as imported logs and lumber are often processed into various goods for domestic use or export. Overall, the statistic underscores the importance of China as a key player in the international timber trade.

The USA has 304.022 million hectares of forest area, constituting about 33% of the total land area.

The statistic indicates that the USA has a forest area of 304.022 million hectares, representing approximately 33% of the country’s total land area. This information highlights the significant presence of forests in the USA, demonstrating the importance of forest ecosystems within the nation’s landscape. The large expanse of forest cover not only contributes to the biodiversity and ecosystem health but also plays a crucial role in carbon sequestration, natural resource conservation, and providing habitat for various wildlife species. Additionally, forests in the USA support diverse economic activities such as timber production, recreation, and tourism, underscoring their multifaceted value to society and the environment.

References

0. – https://www.www.mordorintelligence.com

1. – https://www.www.ibpa.com

2. – https://www.www.ibisworld.com

3. – https://www.www.statista.com

4. – https://www.www.fao.org

5. – https://www.ourworldindata.org

6. – https://www.www.globenewswire.com

7. – https://www.ec.europa.eu

8. – https://www.www.pefc.org

9. – https://www.www.cnbc.com

10. – https://www.www.nrcan.gc.ca

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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