The global COVID-19 pandemic will remain a significant problem in the tropical timber trade market, international prices and demand are expected to decline. There have been disruptions in supply chains, leading to limited sales of tropical timber in the global market. The ITTO Market Information Service (MIS) and Thailand’s Forest Statistics reported that exports of primary wood products to international markets (e.g., Japan and EU27) in 2021 declined more than 20% compared to 2019 before the pandemic. In contrast, the consumption of wood and wood products in the domestic market is predicted steadily increased due to residential properties development in big cities and the government’s property stimulus package for buying new homes.
To this end, the Government of Thailand needs to develop its wood and wood products in domestic markets to reduce the country’s economic dependency on export markets. In addition, this practice will support the government policy on green growth and sustainable development by increasing bio-based economy value in new market segments.
Therefore, the development objective of the project aims at enhancing sustainable domestic wood consumption in Thailand. The specific objective is to promote sustainable domestic consumption of wood and wood products in Thailand through policy improvement on wood certification, stakeholder capacity building, and timber supply chains in pilot provinces.