Dynamic Decomposition of Factors Influencing the Export Growth of China’s Wood Forest Products

Abstract

Wood forest products (WFPs) are globally important environmental products, with economic, ecological, and renewable characteristics. China is the world's largest WFP exporter. However, many factors, such as the downturn of traditional major export markets and the rise of the price of production factors, have generated great challenges and uncertainties for China's WFP export market. This study improves the product scope of WFPs. The category of WFPs has been expanded to 14 categories and 30 sub-categories, which is more detailed and more developed than in previous literature. Based on the United Nations' Comtrade Database (COMTRADE), this paper uses the revised constant market share (CMS) model to measure and analyze empirically the factors affecting the export growth of China's WFPs from the perspective of market, structure, and competitiveness. It is found that (1) the competitive effect exerts the biggest influence on export growth, followed by market size effects, with the effects of market distribution and product structure both being small; (2) wooden furniture, wooden products, plywood, paper, and its products play a main role in enhancing the competitive effect in China's WFPs; and (3) China's WFPs have a strong market competitiveness in other markets such as the USA, China Hong Kong, United Kingdom, Japan, Australia, Malaysia, and Singapore. Therefore, it is crucial for China's WFP market to improve its product structure effects and market distribution effects in order for it to participate in international competition. On the other hand, considering that China's exports of WFPs mainly consist of resource-and labor-intensive products, the improvement of standards such as the technology level, environmental protection and sustainable development, must not be ignored.

The Impacts of Calamity Logging on the Development of Spruce Wood Prices in Czech Forestry

“…The graphs in Figure 1 show the development of incidental mining between 2009 and 2019. On the y-axis, we can see the volume of mining in thousands of m 3 . In 2019, the accidental extraction facility in the Czech Republic reaches more than 30 million m 3 .…”

“…The development of the volume of unplanned logging was designed to correspond to the maximum estimated growth in the volume of logging. Next year, logging should reach 35 million m 3 of wood. The graph in Figure 1 shows a fall in the price of raw wood below the limit of EUR 79 per m 3 .…”

“…Next year, logging should reach 35 million m 3 of wood. The graph in Figure 1 shows a fall in the price of raw wood below the limit of EUR 79 per m 3 . Taking into account the development over the entire decade, at the beginning of the decade (in 2010), the price of raw spruce wood reached almost EUR 159/m 3 .…”

“…Exports to China can amount to EUR 120 million each year. China is increasing its demand for wood and imports more than 50 million m 3 of wood material (i.e., wood and pulp) per year [3].…”

JAXA Annual Forest Cover Maps for Vietnam during 2015–2018 Using ALOS-2/PALSAR-2 and Auxiliary Data

“…Forest change was more dramatic in the north than in the other regions, the most important factor behind this might be the huge demand for timber from China. Vietnam is one of the biggest timber exporters in Southeast Asia [58], and China is one of the world's largest timber importers [59]. The change in forests in eastern Central Vietnam was more extreme than in western Central Vietnam.…”