This issue of the
Australian forest and wood products statistics (AFWPS) presents 2016–17 data for key indicators of domestic forestry sector activity, including sales and service income and industry value added. It includes estimates of the volume and value of logs harvested in 2017−18; as well as housing and other residential commencements, and wood products trade statistics for 2017–18.
This AFWPS issue also presents updated socio-economic indicators and trends for the forestry sector drawn from the Australian Bureau of Statistics (ABS) 2011 and 2016
Census of Population and Housing. These indicators build on the indicators presented in the
AFWPS September and December quarters 2012, which reported data from the 2006 and 2011 Censuses.
Conditions were favourable in Australia’s forestry sector in 2017–18. ABARES estimates that the volume and value of logs stabilised. Both domestic and international demand were strong over the financial year—dwelling commencements (mainly houses) increased by 3.1 per cent and the value of wood product exports increased for the fifth consecutive year to a record $3.6 billion.
China is a key trading partner for wood products and in 2017–18 it accounted for nearly half of total export value, most of the growth in total wood products exports over the year and more than a quarter of Australia’s total import value. Australia imports highly processed wood products from a range of countries. In 2017–18 the value of imports increased from all major trading countries except Indonesia.