Forestry and Logging in New Zealand - Industry Market Research Report
Forestry and Logging in New Zealand
Operators in the Forestry and Logging industry have faced a difficult operating environment as COVID-19 disrupted operations, limited timber prices, pushed up input costs and created volatility in export demand. Downstream wood product manufacturers struggled during the pandemic, while rising interest rates and soaring construction costs have weighed on housing construction activity. Slowdowns in these two key domestic downstream industries contributed to revenue declining by an annualised 3.3% over the five years through 2023-24, to reach an expected $6.7 billion. Rising input costs have also led to a slight decline in profit margins to 24.2%, despite coming off a low base year in 2018-19. However, revenue is expected to grow by a modest 0.5% in 2023-24.
Industry firms own and operate log forestry plantations, or provide contract logging services for forestry owners. Industry players also hew and shape logs at logging sites. Forestry support services such as pest management are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance