Timber Wholesaling in New Zealand - Industry Market Research Report

Timber Wholesaling in New Zealand - Industry Market Research Report

Timber Wholesaling in New Zealand

Timber wholesalers have struggled amidst challenging building conditions, which has clamped industry revenue. The COVID-19 pandemic, associated Alert Level restrictions and economic uncertainty have disrupted downstream demand conditions. Timber wholesalers supply a range of products, including building timber and wood, plywood products, veneers and timber fence posts. The industry's markets include construction companies, manufacturers, hardware and building supply businesses and sawmills. Industry revenue is set to drop an annualised 2.3% over the five years through 2022-23, to $2.7 billion. This trend includes a slump of 7.3% in the 2022-23, primarily due to sharp falls in demand from residential and non-residential building construction.

Industry operators wholesale a range of timber and wood products to retailers, construction companies, furniture manufacturers and carpenters. Firewood wholesaling is 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.