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Chilean exports of sawn radiata pine drop by one fifth

29.06.2020 − 

Chilean exporters sold 546,260m³ of rough-sawn radiata pine lumber at a value of US$109.4m in the fourth quarter. In terms of volume and value, this represents a decrease of 19% and 31% compared to the corresponding period in the preceding year respectively. The rate of decline therefore significantly intensified by comparison with the preceding quarters. In the second and third quarters exports decreased by 3% and 9% respectively. For the first quarter (+5%) the Instituto Forestal (Infor) had still recorded an increase in export volumes in its export statistics. After an increase in the first quarter (+5%), the value of exports dropped in the second (-8%) and third quarters (-20%).

Between October and December, there was a decline in deliveries to South Korea (-45% to 84,856m³), Vietnam (-24% to 77,155m³), Japan (-8% to 49,538m³) as well as all other countries not listed separately. The decline could not be compensated to any significant extent by the increased exports to China (+29% to 124,234m³). China’s share of total exports thus increased by nine percentage points to 23%.

Over the entire period of 2019, 2.519m m³ of radiata pine lumber was exported at a value of US$545.0m. The export volume and value therefore decreased by 7% and 14% compared to the previous year respectively. With this decline, the export fluctuations of the past six years continued. From the peak level achieved in 2014 (2.858m m³), exports fell to 2.450m m³ (2015). For 2016, Infor recorded an increase to 2.632m m³, followed by a decline to 2.486m m³ in 2017.

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