Australia has a trade deficit in wood and wood products of around AUD 2 billion per annum. The reason is low value exports, primarliy woodchips and high value imports predominantly pulp and paper products and sawntimber.
Increasing harvest levels from plantation should allow Australia to reach self sufficiency in forest products around the years 2005 to 2010. Following which Australia will have to aggressively enter the export market.
The supply of fibre from native forests is expected to remain relatively stable as harvesting is undertaken on the basis of sustainability. The expected supply will be around 10 million m
3 per annum of which product estimates are 7 million m
3 of pulpwood and 3 million m
3 of sawlogs.
Conversely, the supply from plantations is expected to increase substantially. Softwood, of which the majority is Radiata pine will rise from a current level of around 10 million m
3 to over 12 million m
3 by 2020. The majority of hardwood plantations are Eucalyptus and mostly grown for pulpwood and production is expected to increase ten fold from current level of around 700, 000 m
3 to around 7 million m
3 by 2020.
The domestic supply of recovered paper will be dependant on improved collection systems, government regulations and market factors such as competitiveness but consumption is expected to increase from 1.2 million tonnes per annum to over 2.1 million tonnes by 2010. The majority of the consumption will be supplied domestically.
View full abstract