Global trade of wood chips increased by almost 50% from 2009 to 2020, driven by substantial demand for hardwood fiber by Chinese pulpmills
News provided by
Share this article
Share this article
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
News provided by
Share this article
Share this article
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.
Global hardwood fiber costs for pulp mills increased at the end of 2020
23:24 / May 14, 2021
Photo: Depositphotos
Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q 2020, as
The
Global Hardwood Fiber Price Index (HFPI) was up 1.4% from the 3Q 2020 to the 4Q 2020, the second q-o-q increase of the US dollar denoted Index from its 15-year low in the 2Q 2020. Prices rose the most in Latin America and Indonesia, while the price gains were more modest in North America and Central Europe.
Despite prices increases during the second half of 2020, hardwood pulplog costs were substantially lower in the 4Q 2020 than in the 4Q 2019 in most of the 15 countries tracked by the Wood Resource Quarterly (WRQ), with prices declining by 5-15% y-o-y in US dollar terms.
Press Release – Wood Resources International 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. …
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.
Friday, 7 May 2021, 8:53 am
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