Australian Forests and Timber

Strong export performanc­e of Australia's wood product industries continues

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AS REPORTED in the November 2016 issue of Australian forest and wood products statistics, Based on the first six months of 2016–17, the strong export performanc­e of Australia’s wood product industries has continued into the current financial year (Figure 1). Exports increased by 7.8% to $1.6 billion, from $1.5 billion in the correspond­ing quarters of 2015–16.

The largest contributo­rs to this improved export

performanc­e were roundwood and woodchips. The value of roundwood log exports increased by 42% to $306 million in the first six months of 2016–17, compared with the correspond­ing quarters in 2015–16. Over the same timeframe, the value of woodchip exports increased by 6.1% to $558 million. These increases more than offset declines in paper and paperboard and recovered paper exports.

In contrast to exports, imports decreased by 6.4% to $2.7 billion in the first two quarters of 2016–17, compared with the correspond­ing quarters of 2015–16 (Figure 2). Declines were experience­d in most import categories, in particular paper and paperboard which fell 8.4% to $1.1 billion. These declines were partially offset by an increase in imports of wood-based panels, which rose by 15% to $272 million.

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 ??  ?? ■ ■ Figure 1 Quarterly value of wood product exports by product, March 2015 to December 2016 Note: Softwood woodchip export data from March 2016 is confidenti­al and is not presented in this figure. Figure 2 Quarterly value of wood product imports by...
■ ■ Figure 1 Quarterly value of wood product exports by product, March 2015 to December 2016 Note: Softwood woodchip export data from March 2016 is confidenti­al and is not presented in this figure. Figure 2 Quarterly value of wood product imports by...

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