New Zealand: New Zealand Forestry and Wood Products Report 2016
New Zealand exotic plantation forestry area resumed a downward path in CY2015 and was estimated at 1.72 million hectares in April 2015. However this downward trend may not last much longer because carbon prices in New Zealand have risen dramatically from a low of NZ$1/ton Carbon to NZ$17/Ton over the last two years which is likely to stimulate new planting. The log harvest for the year ending September 2015 at 29.33 million cubic meters of roundwood was just below the previous year but is 50 percent greater than a decade ago and ahead of previous Government forecasts. The so called “wall of wood” is happening now but is now predicted peak at 34 million cubic meters down from previous forecasts of 36 million cubic meters.
