New Zealand exported around 12.5 million m3 of logs to year end March 2012. Pacific Forest Products contributed to around 30% of this volume, making it one of the largest log exporters out of New Zealand
A relatively stable harvest of 26 to 28 million cubic metres a year is forecast for New Zealand for the period to 2016. Thereafter, projections based on the maturing of the existing estate indicate that the annual harvested roundwood volume will increase. By 2023, the estate could supply an additional 10 million cubic metres a year. Already, half of the 26 million cubic metres of roundwood that is currently harvested is exported as logs.
The future for the forestry sector depends on how it responds to this situation. A business as- usual strategy will likely see continued heavy reliance on log exports. A move to a value-added pathway will require the sector to change from its traditional "supply push" strategy to one driven by market "demand pull". That will require rigorous market analysis, coupled with consideration of radiata pine's wood properties, to establish what products have the best chances of competing successfully in the domestic and export markets.
Pacific Forest Products are now one of the largest exporters of logs from Australasia into the Asia Pacific Region.
The PFP Group is an employee owned company and has a small and highly experienced team of 20 staff, with established offices in Auckland, Tauranga, Rotorua and Gisborne.
Scale has grown rapidly from an export volume of around 300,000 m3 in 2002-04 to 3.7 million m3 in the 2012 calendar year. Volumes for 2013 calendar year are forecast to reach 4 million m3.
The PFP Group has traded profitably in all 10 years, despite significant periods of adverse export market conditions, and is soundly positioned financially, having no debt and substantial credit lines in place.
Since 2003 the company has been running its own ship chartering program, and charters around 120 vessels per annum through a mix of Time and Voyage charter.
Export operations are concentrated on the North Island and we operate continuously from the ports of Marsden Point, Tauranga, Gisborne and periodically from Picton, Napier, Nelson and Port Chalmers in the South Island.