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Region: Economics and Sociology

2021 year, number 3

TIMBER INDUSTRY IN THE ASIAN PART OF RUSSIA: CONDITION, TRENDS, PROSPECTS

A.S. Stoylova1, L.V. Mashkina1, A.I. Pyzhev1,2
1Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences, Novosibirsk, Russia
2Siberian Federal University, Krasnoyarsk, Russia
Keywords: forestry complex, timber industry, forestry, forestry economy, Asian part of Russia, investment projects, industrial policymaking

Abstract

A tenth of the world’s forest resources are concentrated in the Asian part of Russia, but the efficiency of their use is not high. The forest industry in the Asian part of Russia has vast development potential. However, it is also characterized by raw material export orientation, low value-added production, insufficient reforestation measures, and underdeveloped forest infrastructure. This article analyzes the main trends and prospects for the forest industry development in the Asian part of Russia. By analyzing statistical indicators, official program documents, and media materials, we arrive to the following conclusion: the factors mentioned above, together with the lack of a systematic government policy aimed at supporting producers, carrying out measures to protect and restore the ecological situation in the regions and regulate forest relations severely impede the development of the forest industry. It is necessary to establish a new national industrial policy for the industry’s effective functioning and intensification.