World Forest Products Markets

NTENTS

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope Of Study I-3
Roundwood I-3
Wood-based Panels I-3
Particleboard & Oriental Strand Board (OSB) I-3
Fiberboard I-4
Veneer I-4
Plywood I-4
Paper & Paperboard I-4

II. EXECUTIVE SUMMARY

1. Industry Overview II-1
Market Analytics II-1
Worldwide Plywood Market to Post Good Growth II-1
Forest Products Consumption Decline in North America II-1
Wood & Paper Consumption volumes See Uninterrupted Growth II-2
Snapshots II-2
Certified Forest Products II-2

2. Outlook II-4
Gap in World Supply-Demand to Expand II-4

3. Industry Issues and Trends II-5
Globalization � Changing the Way Industry Does Business II-5
Impact of Globalization on Forest Product Supply and Demand II-5
Trade Liberalization II-5
Foreign Investment in the Forestry Sector II-6
Globalization of Environmental Concerns II-6
The Other Side of the Coin II-7
Consolidation � Generating New Opportunities & Challenges II-7
Adverse Effects II-7
A Balanced View II-7
Environmental Marketing II-8
Still a Vague Concept II-8
Certification Systems � Promoting Responsible Forestry Practices II-8
Certification Systems � A Classification II-8
First-, Second-, and Third-party Assessment Schemes II-8
Systems-based and Performance-based Certification Schemes II-8
Current Scenario II-9
Commercial Success Continues to be Limited . II-9
Mutual Recognition between Forest Product Certification Schemes II-10
An Initiative Towards Mutual Recognition II-10
Factors Limiting Forest/Forest Product Certification II-10
Limited Market Demand II-10
Lack of Supply II-11
Absence of Globally Accepted Certification Standards II-11
Credibility of Certification Agencies II-11
Forest Product Certification - A Financial Perspective II-11
E-Forestry � An Emerging Phenomenon II-11
E-Commerce in Forest Product Industry II-11
Facilitation of Supply Chain Management II-12
Open-Trade Environment II-12
E-Business Modeling II-12
Current Scenario II-13
What Ails the Rapid Adoption of E-Model? II-14
Recent Developments II-14
Global E-Business Standard Initiatives II-14
Short-term Outlook II-15
Deforestation and Illegal Trading II-15
Reasons Galore II-15
Plantations � Trying to �Fill-in� the Gap II-16

4. Industry Analysis II-17
Forest Product Demand Determinants II-17
Population Growth II-17
Regional Economic Growth II-17
Residential Construction II-18
Japan II-18
Industrial Development II-18
Demand-Side Trends II-19
A Changing Demographic Structure II-19
Urbanization in Developing Countries II-19
Rising Environmental and Social Consciousness II-19
Supply-Side Trends II-20
A Shift Towards Alternative Sources II-20
New Technologies Step up Operational Efficiency II-20
Regulatory Environment II-20
Natural Calamities II-20
Factors Affecting Supply of Wood and Other Fiber II-21
Shift in Natural Forest Management Practices II-21
Deforestation and Forest Degradation II-21
Forest Plantations II-22
From an Environmental Perspective II-22
Solution II-22
Sustainable Forest Management (SFM) II-23
Implications of SFM on Future Wood Supply II-23
Impact of Technology Changes II-24
Raw Material Availability II-24
Changes in End-use Patterns II-24
Increase in Output II-25

5. Product Overview II-26
Product Classification � Wood Products II-26
Classification by Tree-Type II-26
Softwood II-26
Hardwood II-26
Classification by Product Type II-26
Roundwood II-26
Fuelwood II-26
Industrial Roundwood II-27
Pulpwood II-27
Mechanical Wood Pulp II-27
Semi-Chemical Wood Pulp II-27
Chemical Wood Pulp II-27
Dissolving Grade Wood Pulp II-27
Saw Logs II-27
Veneer Logs II-28
Engineered Wood Products II-28
Glued Laminated Timber II-28
Structural Composite Lumber II-28
Laminated Veneer Lumber (LVL) II-28
Parallel Strand Lumber (PSL) II-28
Oriented Strand Lumber (OSL) II-28
Wood I-Beams II-28
Other Industrial Roundwood II-29
Wood-based Panels (Panel Board Products) II-29
Particleboard & Oriental Strand Board (OSB) II-29
Fiberboard II-29
Veneer II-29
Plywood II-30
Paper & Paperboard II-30
Residuals II-30
Woodchips II-30
Wood Stumps II-30
Other Residue II-30
Product Classification � Non-Wood Products II-30
A Few NWFP Snapshots II-31
Market Importance II-31
End-use Categories II-31
A. Plant Products II-31
B. Animal Products II-32

6. Product Launches II-33
Supress Products Introduces Revolutionary SEP-AM II-33
UPM�s Aureskoski Mill Launches Surface Line for Wood Products II-33
Universal Launches ProWood� Micro Treated Lumber II-33
Bowater Launches BowHybrid FS II-34
Abitibi-Consolidated Introduces Innovative Offset� II-34
Ahlstrom Introduces Pre-Impregnated Decor Paper II-34
Caraustar Develops Binder Tex 45 II-35
Forest Enterprises Australia Introduces EcoAsh-Short Rotation
Hardwood II-35
PaperCo Launches Recycled Coated Papers II-35
The James McNaughton Group Unveils a New Split-Base Flex Pallet II-35
James McNaughton Launches Majestic Chameleon II-35

7. Recent Industry Activity II-36
Mohawk Acquires Four Wood Flooring Factories II-36
UPM Sets Up a New Forestry Company in Finland II-36
Ahlstrom Inks Joint Venture Agreement with Votorantim II-36
Ahlstrom Completes Expansion at La G�re Facility II-37
Abitibi and Bowater Enter into an All-Stock Merger Agreement II-37
BBMD Opens Wholesale Building Materials Distribution Center II-38
Caraustar Industries Closes Lafayette Paper Board Mill II-38
Brentwood Acquires Majority Stake in Paper Source II-38
Southern Staircase Acquires Stair Parts II-38
Goldman Sachs Divests Forest Products Company II-39
Weyerhaeuser Divests Washington Veneer Operation II-39
Domtar Divests Forest Products Business II-39
Platinum Equity Launches Broadleaf Logistics Following
Weyerhaeuser Acquisition II-40
Domtar Merges with Weyerhaeuser�s Fine Paper Venture II-41
Gunns Acquires a Quarter of Auspine�s Entire Stake II-41
Fortress Paper Acquires Mercer International�s Landqart II-41
Alpha Omega Divests B C Wood Products II-42
Georgia-Pacific Acquires Five Facilities of International Paper II-42
WTK Group Acquires Linshanhao Plywood II-42
West Fraser Timber Acquires Several Lumber Mills from
International Paper II-43
Ballarpur Industries Acquires Sabah Forest Industries II-43
Neenah Paper Acquires Fox Valley Corp II-44
Evergreen Sets Up Fiberboard Joint Venture Company in Indonesia II-44
Robbins Acquires Pine Wood Products, Inc. II-45
SCDE Acquires Kraft Papers Operations of International Paper II-45
UFPI Acquires Aljoma II-45
Cathay and Rao He Song Ink Joint Venture Agreement II-45
Fankom Establishes a New Plywood Facility in Russia II-46
Metsaliitto Group Plans to Set Up Birch Plywood Upgrading
Facility II-46
Midway Begins Construction of Sosnovoborsk-Based Plywood
Facility II-46

8. Focus on Select Key Players II-47
Abitibi-Consolidated Inc (Canada) II-47
Ainsworth Lumber Company (Canada) II-47
Ahlstrom Corporation (Finland) II-47
Arjo Wiggins Appleton PLC (UK) II-48
Boise Cascade, LLC (USA) II-49
Bowater Incorporated (USA) II-49
Canfor Corporation (Canada) II-49
Caraustar Industries, Inc. (USA) II-49
Chesapeake Corporation (USA) II-50
Georgia-Pacific Corporation (USA) II-50
International Paper Company (USA) II-51
Kimberly-Clark Corp. (USA) II-52
Louisiana-Pacific Corporation (US) II-53
MeadWestvaco (USA) II-53
Metsaliitto Group (Finland) II-53
Myllykoski Corp. (Finland) II-53
Norske Skogindustrier ASA (Norway) II-54
Oji Paper Co., Ltd. (Japan) II-54
Pope & Talbot, Inc (US) II-56
Potlatch Corporation (US) II-56
The Smurfit Kappa Group (Ireland) II-56
Smurfit-Stone Container (USA) II-56
Stora Enso Oyj (Finland) II-56
Svenska Cellulosa Aktiebolaget (Sweden) II-57
Temple-Inland Inc. (US) II-58
Universal Forest Products (USA) II-59
UPM - Kymmene Corporation (Finland) II-59
Weyerhaeuser Company (USA) II-60

9. Global Market Perspective II-61
Table 1: World Recent Past, Current & Future Market Analysis
for Roundwood by Geographic Region � US, Canada, Japan, China,
Rest of Asia-Pacific, Europe, Latin America and South Africa
Markets Independently Analyzed with Annual Consumption Figures
in Million Cubic Meters (m3) for Years 2001 through 2010
(includes corresponding Graph/Chart) II-61

Table 2: World Long-Term Projections for Roundwood by
Geographic Region � US, Canada, Japan, China, Rest of
Asia-Pacific, Europe, Latin America and South Africa Markets
Independently Analyzed with Annual Consumption Figures in
Million Cubic Meters (m3) for Years 2011 through 2015
(includes corresponding Graph/Chart) II-62

Table 3: World 10-Year Perspective for Roundwood by Geographic
Region � Percentage Breakdown of Consumption for US, Canada,
Japan, China, Rest of Asia, Europe, Latin America, South
African Markets for Years 2003, 2007 and 2012 (includes
corresponding Graph/Chart) (includes corresponding
Graph/Chart) II-63

Table 4: World Recent Past, Current & Future Market Analysis
for Wood-based Panels by Geographic Region � US, Canada,
Japan, China, Rest of Asia-Pacific, Europe, Latin America and
South Africa Markets Independently Analyzed with Annual
Consumption Figures in Million Cubic Meters (m3) for Years
2001 through 2010 (includes corresponding Graph/Chart) II-64

Table 5: World Long-Term Projections for Wood-based Panels by
Geographic Region � US, Canada, Japan, China, Rest of
Asia-Pacific, Europe, Latin America and South Africa Markets
Independently Analyzed with Annual Consumption Figures in
Million Cubic Meters (m3) for Years 2011 through 2015
(includes corresponding Graph/Chart) II-65

Table 6: World 10-Year Perspective for Wood-based Panels by
Geographic Region � Percentage Breakdown of Consumption for
US, Canada, Japan, China, Rest of Asia, Europe, Latin America,
South African Markets for Years 2003, 2007 and 2012 (includes
corresponding Graph/Chart) II-66

Table 7: World Recent Past, Current & Future Market Analysis
for Particleboard (including OSB) by Geographic Region � US,
Canada, Japan, China, Rest of Asia-Pacific, Europe, Latin
America and South Africa Markets Independently Analyzed with
Annual Consumption Figures in Million Cubic Meters (m3) for
Years 2001 through 2010 (includes corresponding Graph/Chart) II-67

Table 8: World Long-Term Projections for Particleboard
(including OSB) by Geographic Region � US, Canada, Japan,
China, Rest of Asia-Pacific, Europe, Latin America and South
Africa Markets Independently Analyzed with Annual Consumption
Figures in Million Cubic Meters (m3) for Years 2011 through
2015 (includes corresponding Graph/Chart) II-68

Table 9: World 10-Year Perspective for Particleboard
(including OSB) by Geographic Region � Percentage Breakdown of
Consumption for US, Canada, Japan, China, Rest of Asia,
Europe, Latin America, South African Markets for Years 2003,
2007 and 2012 (includes corresponding Graph/Chart) II-69

Table 10: World Recent Past, Current & Future Market Analysis
for Plywood by Geographic Region � US, Canada, Japan, China,
Rest of Asia-Pacific, Europe, Latin America and South Africa
Markets Independently Analyzed with Annual Consumption Figures
in Million Cubic Meters (m3) for Years 2001 through 2010
(includes corresponding Graph/Chart) II-70

Table 11: World Long-Term Projections for Plywood by
Geographic Region � US, Canada, Japan, China, Rest of
Asia-Pacific, Europe, Latin America and South Africa Markets
Independently Analyzed with Annual Consumption Figures in
Million Cubic Meters (m3) for Years 2011 through 2015
(includes corresponding Graph/Chart) II-71

Table 12: World 10-Year Perspective for Plywood by Geographic
Region � Percentage Breakdown of Consumption for US, Canada,
Japan, China, Rest of Asia, Europe, Latin America, South
African Markets for Years 2003, 2007 and 2012 (includes
corresponding Graph/Chart) II-72

Table 13: World Recent Past, Current & Future Market Analysis
for Other Wood-based Panels (Fiberboard and Veneer sheets) by
Geographic Region � US, Canada, Japan, China, Rest of
Asia-Pacific, Europe, Latin America and South Africa Markets
Independently Analyzed with Annual Consumption Figures in
Million Cubic Meters (m3) for Years 2001 through 2010
(includes corresponding Graph/Chart) II-73

Table 14: World Long-Term Projections for Other Wood-based
Panels (Fiberboard and Veneer sheets) by Geographic Region �
US, Canada, Japan, China, Rest of Asia-Pacific, Europe, Latin
America and South Africa Markets Independently Analyzed with
Annual Consumption Figures in Million Cubic Meters (m3) for
Years 2011 through 2015 (includes corresponding Graph/Chart) II-74

Table 15: World 10-Year Perspective for Other Wood-based
Panels (Fiberboard and Veneer sheets) by Geographic Region �
Percentage Breakdown of Consumption for US, Canada, Japan,
China, Rest of Asia, Europe, Latin America, South African
Markets for Years 2003, 2007 and 2012 (includes corresponding
Graph/Chart) II-75

Table 16: World Recent Past, Current & Future Market Analysis
for Paper & Paperboard by Geographic Region � US, Canada,
Japan, China, Rest of Asia-Pacific, Europe, Latin America and
South Africa Markets Independently Analyzed with Annual
Consumption Figures in million tons for Years 2001 through
2010 (includes corresponding Graph/Chart) II-76

Table 17: World Long-Term Projections for Paper & Paperboard
by Geographic Region � US, Canada, Japan, China, Rest of
Asia-Pacific, Europe, Latin America and South Africa Markets
Independently Analyzed with Annual Consumption Figures in
million tons for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-77

Table 18: World 10-Year Perspective for Paper & Paperboard by
Geographic Region � Percentage Breakdown of Consumption for
US, Canada, Japan, China, Rest of Asia, Europe, Latin America,
South African Markets for Years 2003, 2007 and 2012 zincludes
corresponding Graph/Chart) II-78

III. MARKET

1. United States III-1
A.Market Analysis III-1
Industry Overview III-1
Forest Products Consumption Decline in North America III-1
US Wood Panel Industry- Outlook III-1
A Peek into US Forestland III-2
Rise in Consolidation Activity III-2
Structural Wood Market III-2
Non-Structural Wood Market III-3
Major Segments III-3
Roundwood III-3
Wood-based Panels III-3
Tropical Plywood III-3
Pulp III-4
Paper and Paperboard III-4
Trends III-4
Plywood Production Fall Affects Wood-based Panels Production III-4
Furniture Mills Shutdown Squeezes Particleboard and MDF Demand III-4
MDF Prices Strengthened in North America in 2006 III-5
US Housing Slump Weakens OSB Demand III-5
Structural Wood Panel Finds Good Bargain As New Housing
Declines in US III-5
Infrastructure Damage - Biggest Hindrance for Supply of
Wood-based Panels to Gulf Coast III-6
Recent Industry Activity III-6
Key Players III-11
B.Market Analytics III-18
Table 19: US Recent Past, Current & Future Market Analysis
for Forest Products by Product Segment- Roundwood (Million
Cubic Meters), Wood-based Panels (Fiberboard, Particleboard &
OSB, Plywood, and Veneer Sheets)[Million Cubic Meters],
and Paper & Paperboard [Million Tons] Markets Independently
Analyzed with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-18

Table 20: US Long-Term Projections for Forest Products by
Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Fiberboard, Particleboard & OSB,,
Plywood, and Veneer Sheets)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2011 through 2015
(includes corresponding Graph/Chart) III-19

Table 21: US Recent Past, Current & Future Market Analysis
for Forest Products by Product Segment � Roundwood (Million
Cubic Meters), Wood-based Panels (Fiberboard, Particleboard &
OSB, Plywood, and Veneer Sheets)[Million Cubic Meters],
and Paper & Paperboard [Million Tons] Markets Independently
Analyzed with Annual Production Figures for Years 2001
through 2006 (includes corresponding Graph/Chart) III-20

2. Canada III-21
A.Market Analysis III-21
Industry Overview III-21
Table 22: Canadian Forest Mix � Percentage Breakdown by
Forest Type (includes corresponding Graph/Chart) III-21
Market Analysis III-22
Forest Products Industry � A Leading Manufacturing Sector III-22
Market Issues & Trends III-22
Canadian Forest Product Industry Embarks on Restructuring III-22
Forest Certification III-22
Recent Industry Activity III-23
Product Launches III-25
Key Players III-25
B.Market Analytics III-28
Table 23: Canadian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Consumption for Years
2001 through 2010 (includes corresponding Graph/Chart) III-28

Table 24: Canadian Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Fiberboard, Particleboard & OSB, Plywood,
and Veneer Sheets)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2011 through 2015
(includes corresponding Graph/Chart) III-29

Table 25: Canadian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-30

3. Japan III-31
A.Market Analysis III-31
Industry Overview III-31
Regulatory Issues III-31
Curbs on Illegal Timber Trade III-31
New Regulations III-31
Factors Affecting Wood-product Demand in Japan III-31
Demographics III-31
An Ever Changing Regulatory Environment III-32
Residential Housing III-32
Key Players III-32
B.Market Analytics III-34
Table 26: Japanese Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Consumption for Years
2001 through 2010 (includes corresponding Graph/Chart) III-34

Table 27: Japanese Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Fiberboard, Particleboard & OSB,,
Plywood, and Veneer Sheets)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2011 through 2015
(includes corresponding Graph/Chart) III-35

Table 28: Japanese Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-36

4. Europe III-37
A.Market Analysis III-37
Overview & Outlook III-37
Wood & Paper Consumption volumes See Uninterrupted Growth III-37
Booming Construction Sector Drives Growth in European Wood
-Panels Consumption III-37
Snapshots III-37
Roundwood Sector- An Insight III-38
Recent Industry Activity III-38
B.Market Analytics III-40
Table 29: European Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Particleboard &
OSB, Plywood, and Others)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-40

Table 30: European Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Particleboard & OSB, Plywood, and
Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-41

4a. Finland III-42
A.Market Analysis III-42
Finnish Forest Products Industry � An Overview III-42
Finnish Wood Sector � A Study III-42
Mechanical Forest Product Industry Segment III-42
Chemical Wood Processing Industry Segment III-43
Market Scenario III-43
Competitive Analysis III-43
Key Players III-43
Research & Development III-46
B.Market Analytics III-47
Table 31: Finnish Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Particleboard &
OSB, Plywood, and Others)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-47

Table 32: Finnish Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Particleboard & OSB, Plywood, and
Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-48

Table 33: Finnish Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-49

4b. France III-50
A.Market Analysis III-50
Industry Overview III-50
Market Scenario III-50
B.Market Analytics III-51
Table 34: French Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Particleboard &
OSB, Plywood, and Others)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-51

Table 35: French Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Particleboard & OSB, Plywood, and
Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-52

Table 36: French Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding
Graph/Chart) III-53

4c. Germany III-54
A.Market Analysis III-54
Market Overview III-54
B.Market Analytics III-55
Table 37: German Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Particleboard &
OSB, Plywood, and Others)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-55

Table 38: German Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Particleboard & OSB, Plywood, and
Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-56

Table 39: German Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-57

4d. Italy III-58
A.Market Analysis III-58
Industry Overview III-58
Table 40: Italian Forest Mix (includes corresponding
Graph/Chart) III-58
Italian Wood Panel Industry Moves Towards Consolidation III-59
Market Scenario III-59
B.Market Analytics III-60
Table 41: Italian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Particleboard &
OSB, Plywood, and Others)[Million Cubic Meters], and Paper
& Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-60

Table 42: Italian Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Particleboard & OSB, Plywood, and
Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-61

Table 43: Italian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-62

4e. The United Kingdom III-63
A.Market Analysis III-63
Industry Overview III-63
UK Plywood Market: An Overview III-63
Market Scenario III-63
Panelboard III-64 Key Players III-64
B.Market Analytics III-66
Table 44: UK Recent Past, Current & Future Market Analysis
for Forest Products by Product Segment- Roundwood (Million
Cubic Meters), Wood-based Panels (Particleboard & OSB,
Plywood, and Others)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-66

Table 45: UK Long-Term Projections for Forest Products by
Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Particleboard & OSB, Plywood, and
Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-67

Table 46: UK Recent Past, Current & Future Market Analysis
for Forest Products by Product Segment � Roundwood (Million
Cubic Meters), Wood-based Panels (Fiberboard, Particleboard &
OSB, Plywood, and Veneer Sheets)[Million Cubic Meters],
and Paper & Paperboard [Million Tons] Markets Independently
Analyzed with Annual Production Figures for Years 2001
through 2006 (includes corresponding Graph/Chart) III-68

4f. Russia III-69
A.Market Analysis III-69
Industry Overview III-69
Market Scenario III-69
Furniture and Construction Sectors Fuel MDF Production in
Russia III-70
B.Market Analytics III-71
Table 47: Russian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Particleboard &
OSB, Plywood, and Others)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-71

Table 48: Russian Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Particleboard & OSB, Plywood, and
Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-72

Table 49: Russian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-73

4g. Spain III-74
A.Market Analysis III-74
Market Scenario III-74
B.Market Analytics III-75
Table 50: Spanish Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Particleboard &
OSB, Plywood, and Others)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-75

Table 51: Spanish Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Particleboard & OSB, Plywood, and
Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-76

Table 52: Spanish Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-77

4h. Sweden III-78
A.Market Analysis III-78
Swedish Forest Products Industry Overview III-78
Market Scenario III-78
Competition III-78
Regulatory Environment III-79
Certification Issue III-79
Svenska Cellulosa Aktiebolaget- A key Player III-79
B.Market Analytics III-81
Table 53: Swedish Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Particleboard &
OSB, Plywood, and Others)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2001 through 2010
(includes corresponding Graph/Chart) III-81

Table 54: Swedish Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Particleboard & OSB, Plywood, and
Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-82

Table 55: Swedish Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-83

4i. Rest of Europe III-84
A.Market Analysis III-84
Market Scenario III-84
Key Players III-84
Major Markets in Rest of Europe III-85
Poland III-85
Industry Overview III-85
Romania III-85
Industry Overview III-85
Private Ownership � Key to Success III-86
Austria III-86
Austrian Forest Product Industry Overview III-86
Table 56: Austrian Forest Mix (includes corresponding
Graph/Chart) III-86
Table 57: Austrian Forest Ownership (includes
corresponding Graph/Chart) III-87
The Netherlands III-87
Industry Overview III-87
Table 58: The Dutch Softwood Forest Mix (includes
corresponding Graph/Chart) III-88

Table 59: The Dutch Temperate Hardwood Forest Mix
(includes corresponding Graph/Chart) III-88
B.Market Analytics III-89
Table 60: Rest of Europe Recent Past, Current & Future
Market Analysis for Forest Products by Product Segment-
Roundwood (Million Cubic Meters), Wood-based Panels
(Particleboard & OSB, Plywood, and Others)[Million Cubic
Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Consumption for Years
2001 through 2010 (includes corresponding Graph/Chart) III-89

Table 61: Rest of Europe Long-Term Projections for Forest
Products by Product Segment- Roundwood (Million Cubic
Meters), Wood-based Panels (Particleboard & OSB, Plywood,
and Others)[Million Cubic Meters], and Paper & Paperboard
[Million Tons] Markets Independently Analyzed with Annual
Consumption for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-90

5. Asia-Pacific III-91
A.Market Analysis III-91
An Introduction to Asia-Pacific Forest Products Industry III-91
Table 62: Asian Forest Resources by Sub-Region (includes
corresponding Graph/Chart) III-91
Wood Products III-91
Non-Wood Forest Products III-92
Market Overview III-92
Recent Industry Activity III-92
B.Market Analytics III-94
Table 63: Asia-Pacific Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Consumption for Years
2001 through 2010 (includes corresponding Graph/Chart) III-94

Table 64: Asia-Pacific Long-Term Projections for Forest
Products by Product Segment- Roundwood (Million Cubic
Meters), Wood-based Panels (Fiberboard, Particleboard & OSB,
Plywood, and Veneer Sheets)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2011 through 2015
(includes corresponding Graph/Chart) III-95

5a. Australia III-96
A.Market Analysis III-96
Industry Overview III-96
B.Market Analytics III-97
Table 65: Australian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Consumption for Years
2001 through 2010 (includes corresponding Graph/Chart) III-97

Table 66: Australian Long-Term Projections for Forest
Products by Product Segment- Roundwood (Million Cubic
Meters), Wood-based Panels (Fiberboard, Particleboard &
OSB,, Plywood, and Veneer Sheets)[Million Cubic Meters], and
Paper & Paperboard [Million Tons] Markets Independently
Analyzed with Annual Consumption for Years 2011 through 2015
(includes corresponding Graph/Chart) III-98

Table 67: Australian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-99

5b. China III-100
A.Market Analysis III-100
Industry Overview III-100
Overseas Timber Supply Sources � Gaining Prominence Over
the Years III-100
Market Scenario III-101
Construction Activity to Bolster Wood Products Demand III-101
Factors Driving Chinese Wood-Panel Industry III-101
B.Market Analytics III-102
Table 68: Chinese Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Consumption for Years
2001 through 2010 (includes corresponding Graph/Chart) III-102

Table 69: Chinese Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Fiberboard, Particleboard & OSB,,
Plywood, and Veneer Sheets)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2011 through 2015
(includes corresponding Graph/Chart) III-103

Table 70: Chinese Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding
Graph/Chart) III-104

5c. India III-105
A.Market Analysis III-105
An Introduction to the Indian Forest Product Industry III-105
Deforestation III-105
Afforestation III-105
Increase in Plantation Activities III-106
Market Scenario III-106
B.Market Analytics III-107
Table 71: Indian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Consumption for Years
2001 through 2010 (includes corresponding Graph/Chart) III-107

Table 72: Indian Long-Term Projections for Forest Products
by Product Segment- Roundwood (Million Cubic Meters),
Wood-based Panels (Fiberboard, Particleboard & OSB,,
Plywood, and Veneer Sheets)[Million Cubic Meters], and Paper &
Paperboard [Million Tons] Markets Independently Analyzed
with Annual Consumption for Years 2011 through 2015
(includes corresponding Graph/Chart) III-108

Table 73: Indian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-109

5d. Indonesia III-110
A.Market Analysis III-110
Industry Overview III-110
Overview of Indonesia�s Wood Industry III-110
Opportunity in the Offing for US Wood Products III-110
An Insight into Domestic Industry III-110
Plywood � A Thriving Sector III-111
Market Scenario III-111
Indonesia Faces Threat from Chinese Plywood Imports III-111
B.Market Analytics III-112
Table 74: Indonesian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment- Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Consumption for Years
2001 through 2010 (includes corresponding Graph/Chart) III-112

Table 75: Indonesian Long-Term Projections for Forest
Products by Product Segment- Roundwood (Million Cubic
Meters), Wood-based Panels (Fiberboard, Particleboard &
OSB,, Plywood, and Veneer Sheets)[Million Cubic Meters], and
Paper & Paperboard [Million Tons] Markets Independently
Analyzed with Annual Consumption for Years 2011 through 2015
(includes corresponding Graph/Chart) III-113

Table 76: Indonesian Recent Past, Current & Future Market
Analysis for Forest Products by Product Segment � Roundwood
(Million Cubic Meters), Wood-based Panels (Fiberboard,
Particleboard & OSB, Plywood, and Veneer Sheets)[Million
Cubic Meters], and Paper & Paperboard [Million Tons] Markets
Independently Analyzed with Annual Production Figures for
Years 2001 through 2006 (includes corresponding Graph/Chart) III-114

5e. Malaysia III-115
A.Market Analysis III-115
Malaysian Forest Products Industry � An Introduction III-115
Market Overview