Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
Indonesian timber market saw an uptick in April as Global Timber Index reached 50.6%

Indonesian timber market saw an uptick in April as Global Timber Index reached 50.6%

Posted on May 22, 2023   |  

The Indonesian timber market picked up in April as the Global Timber Index (GTI) surpassed the threshold value to reach 50.6%.

GTI tracks the timber sector in 7 pilot countries and a value above 50% means growth in the industry.

However, in April, the GTI was down 50%, in Brazil, it reached 39.6%, in the Congo, it reached 26.3%, in Gabon, it reached 42.4% and in Mexico 44.1%, with no sign of a comeback. 

Malaysia is having a comeback in the timber market with an increase of 8.5% points, but it is still below the threshold

In China, GTI grew by 55.8% as the number of new orders for wood and wood products rose for 3 straight months, increasing production and raw-material purchases.

GTI pilot countries took several efforts to promote the legal and sustainable timber trade and revive the sector. 



Previous Next