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Teak is an emerging valuable hardwood species with very high demand in the premium luxury markets. Realizing the potential of teak in the international market, teak plantations have expanded from their natural habitats rapidly to South and South East Asia, Latin America, Africa and Oceania. At present, teak is grown in about 70 tropical countries and cover an area between 4.35–6.89 million ha with Myanmar, India and Indonesia accounting for more than 75% of the total area. The rapid expansion of teak outside its natural habitats has necessitated identification and development of specific genotypes to meet the specific site requirements and promote optimal growth. Availability of good quality planting material along with adoption of scientifically validated approaches are essential for successful establishment of teak plantations outside their natural habitats. Apart from timber production, current teak plantations are also managed to address a multitude of issues such as ecosystem sustainability, biodiversity conservation, carbon sequestration, land degradation and water conservation. Presently, planted teak accounts for the major share of traded teak timber, and area of commercial teak plantations continues to increase to bridge the supply - demand gap in world timber markets. |
