Material Insights · Understanding the Material World

Wood products: Chokepoints and risks

Sawmills and panel makers producing plywood, MDF, engineered timber and wood pellets

Chokepoints and risks

  • Slow supply response: plantations take years to mature, so price spikes last.
  • India's import dependence as roundwood demand rises toward 98 million m3 by 20302.
  • Trade rules: the EU deforestation regulation and log export bans can cut sources quickly.
  • Formaldehyde emission limits push up resin costs for plywood and MDF.
  • Fires, pests and storms can destroy standing timber over large areas.