Hardwood chip exports from Australia fell 14% from 2018 to 2019, the first y-o-y decline since 2012. Total exports equaled 5.7 million odmt, of which 63% was destined for China. Shipments in 2020 have continued to slide, with volumes during the first nine months being 38% lower than during the same period in 2019. In the 3Q/20, the estimated export volume reached its lowest level in almost seven years.
January 4, 2021
Australia’s role as a hardwood chip supplier to China and Japan has dramatically diminished in 2020
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