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Modeling Forest Products Demand, Supply and Trade

Understanding and projecting the forces which will influence production and consumption of forest products is one of the most important parts of ETTS V, along with forecasting developments for the forest resource. ETTS V has relied on advanced econometric analysis to carry out this task for Western European market economies. This document presents the results of the modeling work carried out in the context of ETTS V to understand the relationship between consumption and production f forest products and other parameters, notably GDP, activity in user sectors, prices and costs. ECE/TIM/DP/6 contains the projections for consumption and production of forest products for the period to 2020