Global trade of wood chips increased by almost 50% from 2009 to 2020, driven by substantial demand for hardwood fiber by Chinese pulpmills
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STOCKHOLM, May 19, 2021 /PRNewswire/ Global trade of wood chips, which are mainly used by pulpmills, grew from about 21 million tons in 2009 to an all-time high of 35 million tons in 2018. Subsequently, trade declined for two consecutive years to reach just over 30 million tons in 2020. Significant investments in new pulp capacity in China combined with a lack of domestic wood fiber have been driving practically all of the global increase in wood chip trade during the past decade. Outside of China, the trade of wood chips has been relatively stable the past ten years, ranging between 20-21 million tons annually, except for 2020, when total shipments fell to just under 17 million tons (see chart).
Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020 but were still substantially lower in many markets compared to late 2019
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STOCKHOLM, May 14, 2021 /PRNewswire/ Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q/20. The
Global Hardwood Fiber Price Index (HFPI) was up 1.4% from the 3Q/20 to the 4Q/20, the second q-o-q increase of the US dollar denoted Index from its 15-year low in the 2Q/20. Prices rose the most in Latin America and Indonesia, while the price gains were more modest in North America and Central Europe.
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STOCKHOLM, April 5, 2021 /PRNewswire/ Both of the WRI s sawlog price indices (Global and European) jumped 8% q-o-q in the 4Q/20 as log prices increased worldwide. Demand for logs improved when lumber consumption increased in the second half of 2020, particularly in the United States, the United Kingdom, South Korea, and the MENA region. In Europe, the lumber market was generally flat, with only minor changes in domestic demand. However, European countries with high levels of lumber exports to non-European countries were in luck. Record setting lumber prices in the US helped drive increased shipments to higher levels y-o-y than in the 4Q/20. These increases were observed in Germany, Sweden, Romania, and Austria.
/PRNewswire/ Russia exported 15 million m3 of logs in 2020, which accounted for almost 12% of globally traded roundwood. Much of this trade may come to a.