World tropical wood trade : Economic overview

Tropical wood is attracting global attention in the light of dwindling sources of industrial raw material supplies, increasing concern for conservation and growing requirements for huge investments. This study examines the changing character of the world hardwood trade, and the factors that will affect future supply, demand and price. It also considers the likely implications of recent large-scale attempts to grow tropical species for pulp, developments in microtechnology and biotechnology on wood, and the proposed international commodity agreement for tropical timber. The study emphasizes the need for huge investments on a global scale in afforestation and research to fully realize the potential of the tropical biomass.