FS: Southern Pulpwood Output Continues Decline
Despite a Fastmarkets RISI projection that 2024 will show a 2% gain in overall U.S. pulp and paper wood usage, a report in the Fastmarkets RISI North American Woodfiber & Biomass Markets newsletter on recently released U.S. Forest Service (FS) data for 2023 showed Southern pulpwood production decreased 6% to 139 million green tons. That follows a 5% drop in 2022. Breaking it down, Southern softwood pulpwood in 2023 declined 4% for the year (114 million green tons), while Southern hardwood pulpwood “crashed” and continued a steep decline of 12% to 25 million green tons. Softwood accounted for 82% of the total, with hardwood at 18%.
According to the report, during the past 28 years from a 1997 peak of 201 million green tons Southern pulpwood production has dropped roughly 30%. The reduction reflects 60 million tons gone from the market, enough to equal up to 30 mid-size pulp mills.
Latest News
Enviva Proceeds Into Chapter 11
Enviva Inc., the world’s largest producer of industrial wood pellets, and certain of its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia, citing $1.8 billion of debt outstanding.
Have A Question?
Send Us A Message