Chile’s wood chip exports down 40% in 2020
Wood chip exports from Chile plummeted in 2020, with shipments falling by over 40% from the first quarter to the fourth quarter. Only an estimated 450,000 odmt were shipped in the 4Q/20, the lowest quarterly volume since the 3Q/15. A combination of substantially reduced wood fiber consumption by Japanese pulpmills and an increased supply of lower-cost hardwood chips from Vietnam to Asian markets has contributed to the decline in demand for Chilean Eucalyptus chips in 2020. Together with Vietnam and Australia, Chile has long been one of the primary wood fiber suppliers ...
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