Forest products trade overview JOC Container Trade Europe conference Sept. 18, 2017, Hamburg

Transcription

1 Forest products trade overview 217 JOC Container Trade Europe conference Sept. 18, 217, Hamburg IHS Markit. All Rights Reserved.

2 2 Few overall points Value of EU paper products importers and exports is declining But though paper trade growth under performed global trade growth it s been tracking since 214 (see chart) In 216, 67.2 percent of the paper consumed in the U.S. was recovered for recycling, up from 34% in 199 Top Paper importers (1H 217 vs. 1H 216): > U.S. 4.9 billion KG (+2.3%) > Mexico 4.4 billion KG (+66%) > UK 3.2 billion KG (-9.5%) > China 2.1 billion KG (+46%) > India 1.8 billion KG (+15.2%) Global paper and export trade growth tracks Year-over-year growth in worldwide paper trade and total 25% 2% 15% 1% 5% % -5% -1% -15% -2% -25% Total trade, paper Total global exports Source: IHS Markit Global Trade Atlas > Turkey 1.3 billion KG (-9.4%)

3 Millions of Tons Billions of USD EU Forest Product Imports Categories by Volume Categories by Value Articles of Wood Paperboard and Industrial Paper Tissue, Newsprint, Consumer Papers, Printed Matter Wood and Lumber Wood Pulp Articles of Wood Paperboard and Industrial Paper Tissue, Newsprint, Consumer Papers, Printed Matter Wood and Lumber Wood Pulp

4 Millions of Tons Billions of USD EU Forest Product Exports Categories by Volume Categories by Value Articles of Wood Paperboard and Industrial Paper Tissue, Newsprint, Consumer Papers, Printed Matter Wood and Lumber Wood Pulp Articles of Wood Paperboard and Industrial Paper Tissue, Newsprint, Consumer Papers, Printed Matter Wood and Lumber Wood Pulp

5 5 EU Export Markets for Tissue, Newsprint, Consumer Paper, and Printed Matter (Tons, Darker = greater volume) The U.S., Switzerland, Russia, Turkey, and Australia are the top 5 markets by tonnage. United States and Australia exports are similar with roughly 99% leaving the EU by sea and 1% by air. 87% of exports to Switzerland leave by road and 13% by rail. Percentage Change in EU Export Volume, 212 to 216 (Deeper red=bigger percent drop, gray shows increases) Chart shows percentage change for the top 2 export markets by volume. Most exports to Turkey leave the EU by sea (79%) with 12% by road and 8% by rail. Steep volume declines in some countries (Russia -44%, Australia 32%) and more moderate reduction in the two largest markets (US 5%, Switzerland -13%). Exports to China grew by 12% and India by 13%.

6 1st/12 2nd/12 3rd/12 4th/12 1st/13 2nd/13 3rd/13 4th/13 1st/14 2nd/14 3rd/14 4th/14 1st/15 2nd/15 3rd/15 4th/15 1st/16 2nd/16 3rd/16 4th/16 1st/17 2nd/17 Millions of Tons Russia Belarus United States Norway Ukraine Canada US to EU ocean mode U.S. data provides statistics on containerization rate. Generally more than 9% of volume by ton is noncontainerized for wood and lumber exports from the US to EU. The 7.3% that has been containerized in 217 through June still accounts for 27, tons approximately 19,7 TEU. 1% 8% 6% 4% 2% EU Imports of Wood and Lumber The U.S. overtook Russia as the leading Country of Origin in 215, in value terms - Russia held that position since at least 2. $1.36B of US imports in 216 up from $536M in 211 By volume 4 of the top 5 suppliers are still neighbors Russia, Belarus, Norway, and Ukraine. Accounting for a combined 67% of tonnage imported. Consistent growth in imports from the U.S in tonnage terms over (Chart). % Containerized Non-Containerized

7 7 Paper is largest trans-atlantic containerized forest product commodity Total US containerized trade, 216 Paper Wood Pulp 1, 2, 3, TEU

8 8 Top carriers of paper in US-EU trade MSC top carrier in US-Europe paper trade Containerized US imports and exports of paper measured MSC CMA CGM/APL Hapag-Lloyd Maersk Zim Turkon Evergreen Independent OOCL Spliethoff Hamburg Sud 2, 4, 6, Hamburg OOCL fastest Sud growing grows carrier fastest in paper in US- trade Compound annual growth in US containerized paper OOCL Independent Container Evergreen Hapag-Lloyd Turkon Zim -15% -1% -5% % 5%

9 9 Top European ports handling US-EU paper trade Southampton growth leads in total US-Europe Growth in US containerized paper imports and exports, Southampton Sines Leghorn Antwerp Rotterdam Valencia -1% % 1% 2% Compound Annual Growth Rate Antwerp top port in US-Europe paper trade Containerized US imports and exports of paper Bremerhaven Leghorn Valencia Southampton Eemshaven 1, 2,