Industry Analysis & Industry Trends
The performance of the Australian Timber Resawing and Dressing industry largely depends on three factors: downstream demand for wood products in the residential and commercial construction sectors, the amount of domestic renovation activity occurring in Australia and activity in the furniture and wood joinery industries. Industry demand is also influenced by import penetration in the domestic market, the availability of softwood plantation wood and demand for substitute products, such as steel framing and aluminium windows.
Following a slump in dwelling commencements in 2008-09, growth in residential building commencements recovered strongly in 2009-10 and contributed to high industry revenue growth for this period... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
This industry is in the decline phase of its life cycle due to general revenue and value added declines over the past five years, and weaker demand for the industry's timber products. Industry revenue is estimated to decrease at an annualised 4.2% in the five years through 2012-13. Further, in the decade through 2017-18, industry value added is expected to decrease at an annualised 3.7%, which compares unfavourably with estimated annualised GDP declines of 2.4% over the same period. This decline has been driven by a downturn in the housing construction sector in 2008-09 and 2010-11. However, the industry is expected to return to growth over the next five years as housing construction activity rises, boosting demand for resawn and dressed timber... purchase to read more