Global shipments of wood chips fell 14% in 2009; China bucked the trend, tripled its imports and became the world’s second largest chip importer

Forest Products Market Update - a news brief from Wood Resources International LLC Global shipments of wood chips fell 14% in 2009; China bucked the trend, tripling its imports to become the world’s second largest chip importer, reports WRQ The... More

Forest Products Market Update - a news brief from Wood Resources International LLC Global shipments of wood chips fell 14% in 2009; China bucked the trend, tripling its imports to become the world’s second largest chip importer, reports WRQ The international financial crisis in 2009 had a major negative impact on worldwide demand for pulp and paper products. As a result, the consumption of wood chips and pulpwood for pulp production was lower and global trade of wood chips fell 14%, according to the Wood Resource Quarterly. China bucked this trend, almost tripling its imports to became the world’s second largest importer of wood chips last year. Seattle,
USA. 
April,
2010. 
As with most commodities, global trade of wood chips, fell in 2009 because of the international financial crises. Wood chip trade had increased on average five percent per year annually between 2002 and 2008, reaching an all-time high of 31 million oven-dry metric tons (odmt) in 2008. This upward trend was brok Less