28 January 2015 | Online since 2003



6 July 2012|Forestry,News

Global Timber and Wood Market Report - 6th July 2012


Wood chip exports from Australia fell in 2011 to their lowest level in 11 years and Vietnam took over as world’s largest chip exporter, reports the Wood Resource Quarterly.

Wood chip trade flows in the Pacific Rim have changed substantially the past five years. Vietnam, Chile, Thailand and Uruguay have all been increasing their shipments of chips, while Australia and South Africa have been losing their market share as fiber suppliers to the pulp mills in Japan, China, Taiwan and South Korea.

Exports of hardwood chips from Australia fell eight percent in the second half of 2011 compared to the first half, making 2011 the slowest year for chip exports since 2000, as reported in the Wood Resource Quarterly. Japan was a major importer of wood chips from Australia for many years, but shipments fell almost 30% in 2011 as compared to 2010, reducing Australia’s market share has declined.

The good news is that Australian chip shipments to China picked up during 2011. Total exports reached a record high of almost 700,000 ton, which was up 12 % from 2010 and more than three times as much as five years ago. With the expansion of pulp capacity in China, it could be expected that Australian exports to China will continue to increase. There is, however, a substantial difference in the average value for chips going to China as compared to chips for pulp mills in Japan. In 2011, the premium for Japan-bound chips was almost US$60 per ton.

Australia has been the largest wood chip supplier in the world for almost 20 years, but in 2011 Vietnam overtook this role with shipments accounting for about 20% of globally traded chips. Exports of Eucalyptus and Acacia wood chips from Vietnam have increased at a phenomenal pace the past ten years. In 2001, the country exported only 400,000 tons of wood chips; in 2011, a new record of 5.4 million tons was reached. Last year’s shipments were 36% higher than the previous years and a tripling from 2007.

The biggest boost to the establishment of fast-growing hardwood plantations and chipping facilities in Vietnam has been the expanding pulp industry in neighboring China. With limited domestic resources in China, the country will continue to rely on neighbors to supply wood raw-material in the future.

Download



Comments


No comments posted yet. Be the first to post a comment

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


23 January 2015
Professional Class 1 Driver
To ensure a professional image is maintained at all times when representing Frontier Agriculture. An exciting opportunity has...

9 January 2015
Facilities Coordinator
Our hits include Candy Crush Saga, Farm Heroes Saga, Papa Pear Saga, Pet Rescue Saga and Bubble Witch Saga....

19 January 2015
Apprentice Administrative Assistant
School House Farm. If you are interested in pursuing a career within Administration, this is the job for you!...

22 January 2015
Industrial Pump Engineer (Electrical bias), Field Service Engineer
Utility Companies, The Mining and Agriculture industries. Your chance to join UK Company with a history spanning....

24 January 2015
HGV Class 2 Delivery Driver (Food Service / Dairy)
“Medina Dairy - a successful and progressive, family-run, business. Medina Dairy operates across 14 depots with over 400 empl...




Top stories you may have missed
12 November 2014 | Arable
GM crops 'good for farmers and the envir...

GM crops 'good for farmers and the envir...

GM crops are good for the economy and can reduce the amount of pesticides u...


6 November 2014 | Cattle
Smaller European markets drive beef expo...

Smaller European markets drive beef expo...

Demand from smaller European markets has helped drive strong growth for UK ...


6 November 2014 | Agri Safety
Lack of engineers a 'ticking time bomb' ...

Lack of engineers a 'ticking time bomb' ...

A lack of engineers, not enough people promoting the land-based industries ...


4 November 2014 | Bees and Beekeeping
Bee action plan due: Last chance for bee...

Bee action plan due: Last chance for bee...

Environment Secretary Elizabeth Truss is launching the National Pollinator ...


4 November 2014 | Arable
Experts welcome financial boost for youn...

Experts welcome financial boost for youn...

Agricultural specialists have welcomed a potential financial boost for youn...


3 November 2014 | News
Supermarket competition on prices 'risks...

Supermarket competition on prices 'risks...

As retailers continue to participate in a highly competitive race to the bo...


31 October 2014 | Arable
New Defra farm figures 'underline volati...

New Defra farm figures 'underline volati...

New farm business income data from Defra, which focus on income from March ...


30 October 2014 | Agri Safety
Agriculture remains one of UK's most dan...

Agriculture remains one of UK's most dan...

Agriculture has remained one of the industries in which workers are most li...


29 October 2014 | Finance
UK farmland prices see 'substantial grow...

UK farmland prices see 'substantial grow...

Prime arable land in the UK has seen a substantial year-on-year growth in p...


27 October 2014 | Arable
Satellites to help farmers pinpoint dise...

Satellites to help farmers pinpoint dise...

A new mobile app for farmers able to pinpoint and identify disease, pests a...