Forest products market update
- a news brief from Wood Resources International LLC
Global trade of wood chips down 26% in 2009 as pulpmills reduce production
worldwide, reports Wood Resources International
The international financial crisis has put a damper...
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Forest products market update
- a news brief from Wood Resources International LLC
Global trade of wood chips down 26% in 2009 as pulpmills reduce production
worldwide, reports Wood Resources International
The international financial crisis has put a damper on global trade of wood chips used
for pulp manufacturing in 2009, reports Wood Resources International.
The biggest
decline has been in shipments from Australia, South Africa and Uruguay to Japan.
Seattle, USA.
October 2009.
Global trade of wood chips has increased on average four
percent per year from 2004 to 2008 reaching a record 32 million tons last year.
This
upward trend was broken in 2009 with trade being down 26% during the first half of the
year as compared to 2008.
The drop in shipments was the direct result of the global
financial crises and the reduced demand for paper products worldwide.
This year, only an estimated 25 million tons of wood chips will be shipped worldwide,
which is the lowest volume since 2002.
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