BREAKING: Australian log export record in May as chip exports at seven year low

Australia’s total log exports lifted to a monthly record 553.2 km3 in May 2020, a rise of more than 68% on the prior month, but just 2.2% higher than May 2019. Softwood log exports totalled 452.5 km3 for the month, their second highest monthly total. 

Australian exports joined a large rise in New Zealand’s exports (reported by IndustryEdge here) in May, as Chinese buyers sought to secure their medium-term supplies against further pandemic-related challenges.

The chart here shows those export volumes and the average export price. Full, searchable and customisable details are available on IndustryEdge’s Wood Market Edge online.

 

Australian Log Exports: Jan ’17 – May ’20 (‘000 m3 & AUDFob/m3)

Source: ABS

 

At the same time as log exports rose sharply, woodchip exports from Australia continued to decline, falling to a near seven year monthly low of 344.6 kbdmt (bone dried metric tonnes). That export volume includes all woodchips (including Sandalwood and occasional shipments of pellets). Again, our subscribers can interrogate these charts in detail on a 24/7/365 basis by logging into their account.

 

Australian Woodchip Exports: Jun ’19 – May 20 (‘000 bdmt & AUDFob/bdmt)

Source: ABS

 

The latest Australian trade data was released Thursday 2nd July and by late afternoon of the same day was loaded to IndustryEdge’s Wood Market Edge online and was available to subscribers.

The platform provides full data visualisation, interactive charting and includes extensive data download options, all delivered from a single, easy to use dashboard. Products on the platform include woodchips, fuel wood, logs, sawn wood, panel products, housing and economic data for Australia and New Zealand and our extensive analysis and commentary of the region’s wood products markets.

Subscribers can click here to log in to Wood Market Edge on the SilvaStat360 platform.

To book an online demonstration of Wood Market Edge, click here and send an email, or call +61 3 5229 2470.

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