Canada | USA
China to Surpass Japan as the World's Largest Hardwood Chip Importer by 2014
Chinese hardwood chip imports will double from 6.3 million Bone Dry Metric Tons (BDMT) in 2011, to 12.7 million BDMT in 2016. Japan's imports of hardwood chips will drop from 9.9 million BDMT to 8.6 million BDMT in the same period, the lowest volume of imports since 1993. This is the forecast published today in the 2012 International Pulpwood Trade Review, by RISI, the leading information provider for the global forest products industry.
China's imports of hardwood chips have increased six-fold over the last four years (2008 to 2011), from 1 to 6.2 million BDMT. This surge in volume was the result of large new pulp mills being built in China near port facilities. The expected construction of a series of new pulp mills over the next several years will drive China's demand for hardwood chips even higher. While China's demand grows, Japan's projected decrease in domestic production of Bleached Hardwood Kraft Pulp (BHKP) will continue to diminish its demand for imported hardwood chips.
International Pulpwood Trade Review is authored by Robert Flynn, Director of International timber at RISI and Dennis Nielson, Director of DANA Ltd. Together they share over 60 years experience in the forest industry, analyzing trade and consulting clients globally.
"This report has long been the standard for those in the business of international trade of woodchips, pulplogs and biomass fiber. It examines the markets for globally traded pulpwood fiber and pulpwood resources for domestic and export supply in more than 35 countries until 2016," said Flynn.
For more information about the 2012 International Pulpwood Trade Review, visit www.risi.com/tradepulpwood.