Indonesian forestry sector exports hit a record of $13.5 billion in 2021
Posted on April 25, 2022 |
- Modifications in international market demand due to the adjustments to home-working and a priority on renovation were responsible for the export growth.
- Timber production from plantation forests in 2021 reached 46.43 million m3, which is an increase of 1.2% on an annual basis.
- Wood production from natural forests grew by 14.4% on an annual basis to 6.013 million m3, and last year forestry sector exports increased by 31% on an annual basis from US$11.07bn in 2020 to $14.48bn.
- The biggest contributor to the export growth was the wood panel industry which earned $3.97bn, which is an increase of 83% on an annual basis, 2nd was the paper and pulp industry with exports of $3.72bn and $3.19bn.