The demand for timber has been evident for thousands of years. Every day, timber is used the world over for fuel, construction and food packaging. As timber is a staple commodity, it has proven to be a viable investment option.
According to Indufor - the forest intelligence experts –the rise in demand for round wood (logs) is forecast to increase from 1.5 billion cubic metres per annum to 6.1 billion by 2050. This consistent increase in demand coupled with a reduced supply is expected to drive a steady rise in the value of timber. Costa Rican Melina wood is a prime example of timber that has steadily increased in value over the last 6 years, rising at an annual rate of 12.57% on average.
Some ethical forestry companies specialise in the Melina species. Specialising in one particular type of timber has various benefits. A predominant benefit is that Melina matures in just 12 years, offering a medium term investment.
Melina has a range of purposes including construction, furniture and fuel. In Costa Rica, it is commonly used for the manufacturingof pallets for fruit exports, which contributes to a large proportion of the Costa Rican economy.
Costa Rica produces around 1,870,000 kilo tonnes of pineapples each year, for exporting mainly to Europe, the USA and Canada, making it the third largest producer of the fruit in the world. Costa Rica now produces over 5.5 million pallets per year to accommodate the massive fruit export industry and Melina is the preferred wood in this sector.
According to Indufor - the forest intelligence experts –the rise in demand for round wood (logs) is forecast to increase from 1.5 billion cubic metres per annum to 6.1 billion by 2050. This consistent increase in demand coupled with a reduced supply is expected to drive a steady rise in the value of timber. Costa Rican Melina wood is a prime example of timber that has steadily increased in value over the last 6 years, rising at an annual rate of 12.57% on average.
Some ethical forestry companies specialise in the Melina species. Specialising in one particular type of timber has various benefits. A predominant benefit is that Melina matures in just 12 years, offering a medium term investment.
Melina has a range of purposes including construction, furniture and fuel. In Costa Rica, it is commonly used for the manufacturingof pallets for fruit exports, which contributes to a large proportion of the Costa Rican economy.
Costa Rica produces around 1,870,000 kilo tonnes of pineapples each year, for exporting mainly to Europe, the USA and Canada, making it the third largest producer of the fruit in the world. Costa Rica now produces over 5.5 million pallets per year to accommodate the massive fruit export industry and Melina is the preferred wood in this sector.