/EINPresswire.com/ The forest industry’s US$30 billion annual export earnings will help the countries of the southern hemisphere recover from the global economic recession, says the publisher of the new edition of the Southern Hemisphere Forest Industry Yearbook.
In spite of additional challenges surrounding climate change and natural disasters – the Chilean earthquake and massive forest fires in Australia – the forest industries are proving resilient, says editor and director Mike Smith, from Trade and Media Services Ltd.
“Plantation forestry and the products being manufactured have increased to such a level that they are an important component in the earnings of most countries in the southern hemisphere,” Mike Smith says.
“Our review finds common challenges – ultra-competitive export markets and the US dollar to name two – but country after country shows a steady growth.”
However, whether the industries in all countries came sustain previous growth will depend on short-term and long-term investment and policy decision-makers, Mike Smith says.
“Many of these decisions, such as climate change and funding sources, are pretty much out of the hands of forest industries, so they have had to develop strategies around these challenging times.”
Strategies include investing in neighbouring southern hemisphere countries or diversifying into new industries springing out of the carbon trading and biofuel sectors.
“Fast-growing forests in the southern hemisphere provide the countries and their forest industries here with great opportunities that many policy-makers, in particular, seem unable to grasp,” Mike Smith says.
In its 280-plus pages, the 2010 edition of the Yearbook offers an unequalled opportunity to acquire in-depth knowledge of the forestry countries, industries and trade in the southern hemisphere. Countries covered include Argentina, Australia, Brazil, Chile, New Zealand, South Africa and Uruguay. The country-by-country reports cover geography, politics and economics along with details of industry sectors including forestry and wood resources, plantations, pulp and paper, solid wood, and panels and boards, with a forest products trade section for each country. The Yearbook is a valuable resource for anyone with an interest in the southern hemisphere and its forestry and forest industry production and trade.
The Yearbook is produced by Trade and Media Services Ltd, publishers of the Southern Hemisphere Forest Industry Journal and Southem Online.
Price: US$420; A$465; NZ$540 (inc. GST)
Available in Hard Copy or Digital.
For more information, contact Mike Smith at: [email protected] or Tel: +64-7-349 4107. Download the flyer: