The situation of wood chip export in Vietnam and some features of the world market

Starting in 2011, Vietnam is one of the countries with the leading wood chip export volume in the world. However, the export of wood chips to the international market also causes certain difficulties and difficulties for wood chip processing companies in the country. So what is the current situation and situation of wood chip export in Vietnam? Find out this information through the data provided by LEC Group wood chip experts.

Some features of the world wood chip market

Before learning about the export of wood chips in Vietnam. Let's take a look at some of the features of the world wood chip market.

Currently, global demand for wood chips continues to expand in recent years. According to data from the International Trade Center (International Trade Center, ITC), in 2014 the volume of exported wood chips was from 28.1 million tons. However, by 2018 this number has surpassed 34.8 million tons, an increase of 24% compared to the export volume in 2014. The value of wood chip export turnover in 2018 has set nearly 4 billion USD, from the level of $ 3.1 billion in 2014, equivalent to 25%.

Xuất khẩu dăm gỗ tại Việt Nam

Countries with the largest export volume of wood chips include Vietnam, Australia, Chile, and South Africa. In general, the export volume of leading countries continued to increase.

Currently, the source of wood chips comes from two main sources: from coniferous and non-coniferous trees. In particular, the amount of wood chips produced from non-coniferous trees is very large, accounting for about 70% of the total global supply of wood chips (summarizing the data of countries exporting wood chips from coniferous and non-needle plants). in 2018 from ITC source).

The situation of wood chip export in Vietnam

According to statistics from 2010 to the end of April 2019 of the General Department of Vietnam Customs. The output and export value of wood chips in Vietnam in 2018 reached a record of nearly 10.4 million tons of dry, equivalent to more than 20 million m3 of round timber. With this export volume, Vietnam has earned an export value of 1.34 billion USD.

Xuất khẩu dăm gỗ tại Việt Nam

After the slump in 2016, wood chip export in Vietnam increased dramatically. In the first 4 months of 2019, Vietnam's wood chip export volume has soared to nearly 4 million tons, equivalent to nearly 0.56 billion USD in turnover.

Xuất khẩu dăm gỗ tại Việt Nam

The main cause of the sudden increase in export volume according to wood chip exporters. This is because in the first months of 2019 many businesses want to "avoid" the export tax and the Government is expected to increase to 5% in the near future.

Wood chip export market in Vietnam

Currently, Vietnam exports wood chips to many different countries. In the first 4 months of 2019, wood chip export volume in Vietnam falls into 13 countries and territories.

3 main markets of Vietnam include China, Japan, and Korea. With the output and turnover from these 3 markets, over 90% of the total volume and export value of wood chips.

Tình hình xuất khẩu dăm gỗ tại Việt Nam

However, in the first 4 months of 2019, the volume of exports to these three markets decreased to 87% of the total volume of exported wood chips and the turnover reached 88% of the total value of wood chips. The cause of this decline is due to the emergence of the Lao market, which is Vietnam's new wood chip market.

Tình hình xuất khẩu dăm gỗ tại Việt Nam

Laos imports wood chips from Vietnam to supply raw materials for Sun Paper's paper mill. In 2018, Laos imported about 330 thousand tons of wood chips from Vietnam, equivalent to 42.6 million USD. The amount and value of imported chips in this country has increased to 149 thousand tons, equivalent to 19.8 million USD in 4 months of 2019. Thus, Laos has risen to the third largest market position of Vietnam wood chip industry.

Above are all the sharing of woodchip export situation in Vietnam provided by experts of LEC Group. If you have any questions, please contact us immediately to get the best support!

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