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- Export revenue for the Forestry and Logging industries continued to fall for the year ending June 2024 primarily due to low demand from China for our logs. Logs account for over half the export revenue for the industry, with China taking over 90%.
- The Forestry and Logging industries’ contribution to GDP has fallen by over 60% since 2022 as profit margins slumped and domestic demand fell as the construction industry weakened. A small overall increase is forecast over the next 5 years.
- The volume of radiata pine harvested has fallen slightly over the past five years, however, there has been an increase in the volume of other varieties harvested.
Industry dataset (economic indicators and labour market dynamics) 
Sources: Stats NZ1 and IBISWorld2 - Industry Market Research, Reports, & Statistics
Footnotes
1. StatsNZ, “Stats NZ (SOPI Report),” 2023, https://www.mpi.govt.nz/dmsdocument/57298-Situation-and-Outlook-for-Primary-Industries-SOPI-June-2023
2. IBISWorld, “Forestry and Logging in New Zealand,” Industry Report (New Zealand: IBISWorld (access is by subscription only), October 2023), https://www.ibisworld.com/