PHOTO: ODT FILESNew Zealand forestry export revenue is forecast to rise 2% to $6.3 billion in the year to June 30, 2026, a report from the Ministry for Primary Industries says. Log export volumes fell 3% in 2024-25, but a 4% rise in export prices, supported by lower shipping costs and a weaker New Zealand dollar, resulted in a slight increase in export revenue. Over the forecast period, steady domestic supply was expected to sustain volumes but prices were expected to remain low as China’s construction sector remained weak. That gain reflected reduced imports from Germany, where bark beetle damage and rising domestic demand had reduced available export volumes. About 70% of sawn timber production was for the domestic market so increased residential construction demand would be helpful.

Source: Otago Daily Times December 19, 2025 16:38 UTC