The radiata pine plantations planted in New Zealand in the mid-to-late 1980s have now entered into a maturity phase. Consequently, in the next 3-5 years, New Zealand logs production will increase significantly, with an estimated annual production of 350 million cubic meters. As China is the world's largest importer of logs, New Zealand's logs are expected to enter the Chinese market in large quantities in the next 3-5 years. This will inevitably compete with the Russian wood products that rely on the “Belt and Road” to ...
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