#BSCProjectSpotlight Wood trade is a global industry involving the harvesting, processing, and selling of wood. It includes hardwoods like oak and teak, and softwoods like pine and cedar, used in construction, furniture, and paper production. The supply chain involves logging, sawmills, wholesalers, and retailers. International trade regulations and sustainability certifications, such as FSC, play a crucial role. Challenges include illegal logging, deforestation, climate impact, and market fluctuations. Demand varies based on construction and manufacturing needs. Governments impose restrictions to ensure responsible forestry. The industry is evolving with eco-friendly alternatives and sustainable practices to balance profitability and environmental conservation.
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