Global softwood trade reached an all-time high in 2015 with 118 million cubic metres of softwood traded internationally, according to estimates by the Wood Resource Quarterly. The first quarter of 2016 also began with even higher volumes being traded around the world, approximately 20% higher YoY compared to 1Q/2015.
Other highlights from the Wood Resource Quarterly include:
- Global sawlog prices fell by 0.8% Q-O-Q and the GSPI Index has declined by 20.7% in two years.
- The European Sawlog Price Index (ESPI) has dropped 8.5% from the 1Q/15.
- The two WRI wood fibre price indices for softwood and hardwood fiber (SFPI and HFPI) were down by 5.2% and 6.7%, respectively, from the same quarter in 2015.
- Russian timber export prices have fallen 36% in two years in US dollar terms.
- Global production of market pulp increased by over 3% in 2015. This increase in production continued in early 2016 with data for the first two months showing a healthy 3.0% growth as compared to the same period in 2015.
- North American pellet exports to Europe reached 6.1 million tons in 2015, a new record high.