Wood News

RISI VIEWPOINT: Vietnam—no shortage of wood for the Asian woodchip markets!



SEATTLE, WA , March 28, 2014 (Viewpoint) - 

Through the first decade of this century, Australia was the dominant supplier of hardwood chips to the Asian markets. For example, in 2007 the country accounted for 36% of all hardwood chips imported in Asia. But in 2011, Vietnam surpassed Australia for the top hardwood chip supplier slot, and in 2013 Vietnam had a commanding 38% market share (Figure 1). When Vietnam's woodchip exports (all hardwood) reached 5.4 million BDMT in 2011, a 36% jump in volume over the previous year, there were numerous questions about the sustainability of this trade flow and whether it might not just be a short-term spike. Instead the country's woodchip export volume expanded to 5.8 million BDMT in 2012 and then shocked the market by leaping another 30% in 2013 to more than 7.4 million BDMT. In a visit to Vietnam this month, I saw strong evidence that the availability of woodchip supply from Vietnam is not likely to abate any time soon, barring any interference with the market by the Vietnamese government.

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This article originally appeared on woodbiomass.com: RISI VIEWPOINT: Vietnam—no shortage of wood for the Asian woodchip markets!