Bruno Kanieski da Silva, Roberto H. S. Kimura, Frederick Cubbage, Robert R. Davis
The attractive financial returns from timberland investments in Brazil, particularly fast-growth tree plantations like pine and eucalyptus, have attracted multiple investors over the last decade. Among the countries with a competitive Pulp and Paper Industry (PPI), pulp and paper investors have expanded substantially in Brazil with new mills and planted areas. This paper presents a comprehensive investigation of the dynamics of the Brazilian pulp and paper industry forest sector in the past decade. We described the current macroeconomic and political environment in Brazil and the expansion of mills and timberland in Brazil. Brazil is, clearly, among the selective countries where a substantial expansion of the forest sector is possible. The regions like Mato Grosso do Sul have impressive scales of productivity and expansion. Other areas, like the states of Maranhão, Piaui, Tocantins and Bahia present potential to expand forest plantation, however, they are limited by weather constraints (extensive drought and fire seasons). Even well-known markets, like the South region of Brazil, have has opportunities to expansion subject to higher land prices. Brazil’s attractiveness for timberland investments is underscored by robust economic indicators and extensive natural resources. Yet, navigating the complexities of its political landscape remains a critical consideration for potential investors looking to capitalize on the country’s promising forestry sector.
{"title":"Current expansions in the Brazilian timber market","authors":"Bruno Kanieski da Silva, Roberto H. S. Kimura, Frederick Cubbage, Robert R. Davis","doi":"10.62320/jfbr.v3i1.42","DOIUrl":"https://doi.org/10.62320/jfbr.v3i1.42","url":null,"abstract":"The attractive financial returns from timberland investments in Brazil, particularly fast-growth tree plantations like pine and eucalyptus, have attracted multiple investors over the last decade. Among the countries with a competitive Pulp and Paper Industry (PPI), pulp and paper investors have expanded substantially in Brazil with new mills and planted areas. This paper presents a comprehensive investigation of the dynamics of the Brazilian pulp and paper industry forest sector in the past decade. We described the current macroeconomic and political environment in Brazil and the expansion of mills and timberland in Brazil. Brazil is, clearly, among the selective countries where a substantial expansion of the forest sector is possible. The regions like Mato Grosso do Sul have impressive scales of productivity and expansion. Other areas, like the states of Maranhão, Piaui, Tocantins and Bahia present potential to expand forest plantation, however, they are limited by weather constraints (extensive drought and fire seasons). Even well-known markets, like the South region of Brazil, have has opportunities to expansion subject to higher land prices. Brazil’s attractiveness for timberland investments is underscored by robust economic indicators and extensive natural resources. Yet, navigating the complexities of its political landscape remains a critical consideration for potential investors looking to capitalize on the country’s promising forestry sector.","PeriodicalId":517864,"journal":{"name":"Journal of Forest Business Research","volume":"13 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141796644","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Timothy Raymond Miller, M. Bolding, Joseph L. Conrad, Sarah Kinz
The southeastern U.S. forest industry serves as a crucial source of raw materials for construction and paper production for the global economy. However, this industry faces persistent challenges in wood supply chain management, often centered around logistical inefficiencies and administrative burdens. Additionally, increased operational overhead, due to rising costs, has exerted strain on the business success of wood suppliers. Administrative procedures and record keeping have traditionally been a labor-intensive process for this sector of the wood supply chain. However, technological solutions, such as new wood flow and logistics management software, can enhance efficiency and cost-effectiveness of these procedures. This research investigated the impact of wood flow management software on administrative costs for southeastern U.S. wood suppliers. Utilizing a case study approach, we compared administrative time and cost savings of software users and non-software users, to determine potential financial benefits of software adoption. The research design centered on gathering insight from both user groups, through individual interviews, allowing for a comparative analysis of the software’s efficiency metrics. Results indicated that wood suppliers who utilized software saved an average of 43 hours per week on administrative tasks, resulting in estimated annual savings of approximately $62,000 United States dollars (USD). The greatest reported time and cost savings were attributed to scheduling jobs and organizing information. Adoption of wood flow logistics software may result in additional monetary savings through increased efficiency in administrative procedures and communications. These research findings will be useful to wood suppliers interested in improving operational efficiency and reducing administrative costs.
{"title":"Evaluating the impact of wood flow management software on administrative costs and efficiency for wood suppliers in the Southeastern U.S.: a case study of Timber Resource Analytics and Contract Tracking software","authors":"Timothy Raymond Miller, M. Bolding, Joseph L. Conrad, Sarah Kinz","doi":"10.62320/jfbr.v3i1.49","DOIUrl":"https://doi.org/10.62320/jfbr.v3i1.49","url":null,"abstract":"The southeastern U.S. forest industry serves as a crucial source of raw materials for construction and paper production for the global economy. However, this industry faces persistent challenges in wood supply chain management, often centered around logistical inefficiencies and administrative burdens. Additionally, increased operational overhead, due to rising costs, has exerted strain on the business success of wood suppliers. Administrative procedures and record keeping have traditionally been a labor-intensive process for this sector of the wood supply chain. However, technological solutions, such as new wood flow and logistics management software, can enhance efficiency and cost-effectiveness of these procedures. This research investigated the impact of wood flow management software on administrative costs for southeastern U.S. wood suppliers. Utilizing a case study approach, we compared administrative time and cost savings of software users and non-software users, to determine potential financial benefits of software adoption. The research design centered on gathering insight from both user groups, through individual interviews, allowing for a comparative analysis of the software’s efficiency metrics. Results indicated that wood suppliers who utilized software saved an average of 43 hours per week on administrative tasks, resulting in estimated annual savings of approximately $62,000 United States dollars (USD). The greatest reported time and cost savings were attributed to scheduling jobs and organizing information. Adoption of wood flow logistics software may result in additional monetary savings through increased efficiency in administrative procedures and communications. These research findings will be useful to wood suppliers interested in improving operational efficiency and reducing administrative costs.","PeriodicalId":517864,"journal":{"name":"Journal of Forest Business Research","volume":"15 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140716199","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A detailed exploration of the development of Colombia's market for manufactured products of the wood industry since its early days, with an analytical focus on the period 1970-2021, is presented. The examination of early days draws upon historical information, wood industry-specific statistics derived from Colombia’s Annual Manufacturing Survey and industrial census, and data from the National Accounts of Colombia (NAC), which offers insightful understanding of the market dynamics up to the end of the 1960s. For 1970 to 2021 comprehensive consolidated data derived from the Supply and Use Tables of the NAC and other sources provides the base for an in-depth examining of the market aspects such as quantities of supply (national production), demand, and the components of demand – including domestic consumption, exports, and imports. The exploration reveals a significant shift in the manufactured products of the wood industry market’s dynamics, transitioning from a primarily domestic consuming and export-driven one to a market increasingly reliant on imports to satisfy domestic consumption. Critical factors contributing to this shift are identified, highlighting Colombian forest resource depletion and inadequate nation’s wood industry development. The paper synthesizes historical data to articulate the interplay between economic policies and market outcomes, culminating in a discernible need for strategic industry modernization. Furthermore, it offers comprehensive and detailed information, facilitating a thorough understanding of all market aspects without necessitating consultation of additional sources.
{"title":"Evolution of Colombia’s market for manufactured products of the wood industry","authors":"Oscar G. Martínez-Cortés, Shashi Kant","doi":"10.62320/jfbr.v3i1.46","DOIUrl":"https://doi.org/10.62320/jfbr.v3i1.46","url":null,"abstract":"A detailed exploration of the development of Colombia's market for manufactured products of the wood industry since its early days, with an analytical focus on the period 1970-2021, is presented. The examination of early days draws upon historical information, wood industry-specific statistics derived from Colombia’s Annual Manufacturing Survey and industrial census, and data from the National Accounts of Colombia (NAC), which offers insightful understanding of the market dynamics up to the end of the 1960s. For 1970 to 2021 comprehensive consolidated data derived from the Supply and Use Tables of the NAC and other sources provides the base for an in-depth examining of the market aspects such as quantities of supply (national production), demand, and the components of demand – including domestic consumption, exports, and imports. The exploration reveals a significant shift in the manufactured products of the wood industry market’s dynamics, transitioning from a primarily domestic consuming and export-driven one to a market increasingly reliant on imports to satisfy domestic consumption. Critical factors contributing to this shift are identified, highlighting Colombian forest resource depletion and inadequate nation’s wood industry development. The paper synthesizes historical data to articulate the interplay between economic policies and market outcomes, culminating in a discernible need for strategic industry modernization. Furthermore, it offers comprehensive and detailed information, facilitating a thorough understanding of all market aspects without necessitating consultation of additional sources.","PeriodicalId":517864,"journal":{"name":"Journal of Forest Business Research","volume":"42 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140286114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Robert R. Davis, Rafael De la Torre, Frederick Cubbage, Bruno Kanieski de Silva
Over the next few decades, the area of planted forests required to satisfy worldwide demand for fiber, timber, and environmental services will need to increase by tens of millions of hectares (Mha). As no single nation can accommodate this expansion, planting sites in multiple countries must be identified. One prospective location is Colombia, which boasts nearly 26 Mha of land suitable for commercial tree planting, fair-to-excellent growth rates for major industrial species, good professional expertise, seaports on the Pacific and Caribbean coasts, and low-to-moderate land prices. Yet, despite these outstanding assets, tree plantations in Colombia cover only 542 thousand hectares (ha), with almost 90 percent located in three distinct regions: the Andean, Orinoco, and Caribbean. Constraints to commercial tree farming in Colombia include cultural preferences for non-wood products in construction and domestic applications, low capacity for processing industrial roundwood, and lack of reliable wood supplies needed for firms to scale up operations. While land prices are attractive in the remote Orinoco Region, they are considerably higher in more accessible regions, such as the Andean and Caribbean, which are closer to markets, mills, and ports. These factors along with security problems, low levels of formal land titling, and property rights issues in rural areas can complicate operations and add risk to investments in plantation forestry. With land for tree planting at a premium and increasing global demand for wood, fiber, and carbon sequestration, Colombia’s plantation sector stands to profit, provided it can successfully address the barriers to its growth.
{"title":"Prospects for commercial tree farming in Colombia","authors":"Robert R. Davis, Rafael De la Torre, Frederick Cubbage, Bruno Kanieski de Silva","doi":"10.62320/jfbr.v3i1.43","DOIUrl":"https://doi.org/10.62320/jfbr.v3i1.43","url":null,"abstract":"Over the next few decades, the area of planted forests required to satisfy worldwide demand for fiber, timber, and environmental services will need to increase by tens of millions of hectares (Mha). As no single nation can accommodate this expansion, planting sites in multiple countries must be identified. One prospective location is Colombia, which boasts nearly 26 Mha of land suitable for commercial tree planting, fair-to-excellent growth rates for major industrial species, good professional expertise, seaports on the Pacific and Caribbean coasts, and low-to-moderate land prices. Yet, despite these outstanding assets, tree plantations in Colombia cover only 542 thousand hectares (ha), with almost 90 percent located in three distinct regions: the Andean, Orinoco, and Caribbean. Constraints to commercial tree farming in Colombia include cultural preferences for non-wood products in construction and domestic applications, low capacity for processing industrial roundwood, and lack of reliable wood supplies needed for firms to scale up operations. While land prices are attractive in the remote Orinoco Region, they are considerably higher in more accessible regions, such as the Andean and Caribbean, which are closer to markets, mills, and ports. These factors along with security problems, low levels of formal land titling, and property rights issues in rural areas can complicate operations and add risk to investments in plantation forestry. With land for tree planting at a premium and increasing global demand for wood, fiber, and carbon sequestration, Colombia’s plantation sector stands to profit, provided it can successfully address the barriers to its growth.","PeriodicalId":517864,"journal":{"name":"Journal of Forest Business Research","volume":"61 5part2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140440381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}