Champion Freight Log Export Market Update
Wednesday 3 Nov 2021With statistics for log export reporting just in for the September month, the slowdown we've seen in log exports to China has now arrived in the charts. This September was just shy of the same month in 2020 with last year with still in the shadow of the 2020 post-Covid work stoppage shadow. This week we've got our monthly update from the team at Champion Freight.
Year-on-year the chart shows total log export values to China to the end of September were up 45 percent contributing to overall log exports lifting by 38 percent across all export markets. Log exports to South Korea were up for the year by 16 percent up while volumes while logs to Japan were up 3% and to India were down 50%.
For the month ended in September our log exports to China saw shipments drop by 3 percent, compared to September 2020, dragging overall log exports down 12 percent. Notably, logs to India were up non-existent (zip, zero, nil) for the month.
Source: Champion Freight
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