Status and trend analysis of the production, export and import of wood and wood products in the G20 countries from 2004 to 2021

The aim ofthis work was tostudy the use ofdifferent types ofwood products bythe G20 countries. Inthe current scenario, every country isconcerned about the severe exploitation offorests and the ensuing lack ofmarkets for timber. Production and consumption ofwood and wood products bythe G20 countries account for 85% ofglobal GDP and two-thirds ofthe world's population. Data for the study includes eight major categories ofwood products inthe G20 countries from 2004 to2021: industrial raw wood, sawlogs and veneer logs, sawn wood, wood fuel, wood-based panels, paper and paperboard, pulp for paper, wood pellets, and other agglomerates. Autoregressive integrated moving average (ARIMA) models were used topredict the production, export, and import behaviour ofwood and wood products from 2022 to2030. According tothe findings, the G20 countries would consume 1644.6 million m³ ofindustrial raw wood in2030, followed by984.8 million m³ ofsawlogs and veneer logs, 454.7 million m³ ofsawn wood, 882.5million m³ ofwood fuel, 406.2 million t ofpaper and paperboard, 199.4million t of pulp for paper, and 51.7 million t of wood pellets and other agglomerates. This study provides decision-makers with an analysis of the production and consumption of wood product markets in the G20 countries, which can be used for policy decisions.