18 - 20 November, 2020 (Virtual Edition)

10:00am - 7:00pm (GMT+7) Daily

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Market Highlights

  • Indonesia has around 91.0 million hectares of forested land, which constitutes to 53.0% of the total land area. Around 86.1 million hectares are primary or otherwise naturally regenerated forest, and around 4.9 million hectares are planted forest.
 
  • The government tenders are still being announced and currently there are 351 construction projects who have been awarded the main contract which is worth USD 1.4 billion. There are 107 projects which are at the tender stage worth USD 0.1 billion and 401 projects which are at the early stage worth USD 5.2 billion.
 
  • According to ITTO (2019) the Indonesian industry produced in 2017 and 2018 about 73.8 million m3 of roundwood, which is almost entirely consumed within the country. The export of primary timber products accounts for a total export value of 2,042 million US dollars in 2018, with plywood being the most important product (1,602 million US dollars) and to a lesser extent also sawn wood (347 million US dollars).
 
  • The high domestic consumption of logs in the table above is due to the use by domestic industries, in particular the pulp and paper industry and tertiary industries such as furniture production. Key exports include processed goods, namely: plywood, pulp and paper, mouldings and joinery, furniture, sawn timber and veneer. 
 
  • Commonly harvested species for the timber industry include:
           Meranti (Shorea spp.)
           Keruing (Dipterocarpus spp.)
           Kapur (Dryobalanops spp.)
           Mersawa (Anisoptera spp.)
           Teak (Tectona grandis) from plantations
            *Sources: Construction Plus Asia, Timber Trade Portal

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