In the first half of 2023, the plywood industry exhibited a dual decline in both the number of enterprises and total production capacity.

As of the end of June 2023, there were over 9,800 plywood product manufacturing enterprises operating nationwide, distributed across 28 provincial-level regions, representing a decrease of nearly 1,000 enterprises compared to the end of 2022. The total production capacity was approximately 205 millio…

Can the Series of Favorable Policies in the Real Estate Industry Stimulate Incremental Demand for Wood Formwork?

As an industry directly influencing the consumption of construction wood formwork, the real estate sectors every move is closely monitored by the timber industry. In recent years, the real estate market has been sluggish, leading to a corresponding decline in the demand for construction wood formwork…

Wood-Based Panel Industry to Consume Over 12 Million Tons of Urea

In May 2023, at the National Forum on Centralized Adhesive Production and Wood Coating Application held in Linyi, Shandong, Gao Li, Deputy Secretary-General of the China Nitrogen Fertilizer Industry Association, pointed out that urea prices are expected to rise in the short term due to combined deman…

The Wood-Based Panel Industry Shifts from Quantity to Quality, Accelerating the Elimination of Outdated Capacity!

Wood-based panels primarily include plywood, fiberboard, particleboard, and other engineered wood products. As a foundational industry for the national economy, the wood-based panel manufacturing sector is currently in a phase of low-speed development, with its focus shifting from quantity expansion …

Sharp Decline in Chinas Timber Import Volume in the First Quarter

Timber Import and Export Situation in the First QuarterSignificant Drop in Import Volume, Primarily Due to Insufficient Domestic DemandChinas timber (logs + sawn timber) imports have declined for the fourth consecutive year in 2023, with a decrease of 4.8% in the first quarter. It is projected that t…

Timber Prices Achieve "Ten Consecutive Increases" Across Multiple Regions in China

According to available customs data, in the second quarter of this year, Chinas timber import volume reached 18.83 million cubic meters, a year-on-year decrease of 1.09%, while the import value amounted to 27.5 billion yuan, reflecting a year-on-year decline of 8.96%.Although overall timber imports s…

Newly Signed Contract Value Rises 16.7% in First Four Months, Real Estate Business Rebounds Rapidly! Timber Industry Professionals Seize Opportunities to Turn the Tide Amid Adversity

Recently, China State Construction Engineering Corporation (CSCEC) released its Business Operations Brief for January–April 2023. According to the announcement, CSCEC accumulated a newly signed contract value of 1.321 trillion yuan in the first four months of 2023, representing a year-on-year increa…

Chinas Hardwood Plywood Exports Hold a Dominant Position

The structure of Chinas plywood product exports exhibits distinct characteristics, with hardwood plywood playing a dominant role overall. In recent years, its average annual export volume has approached 10 million cubic meters. This is followed by softwood plywood, with an average annual export volum…

Over 20,000 Plywood Product Manufacturers Nationwide Have Been Shut Down by the End of 2021

According to statistics from the China Forest Products Industry Association, by the end of 2022, there were over 10,800 plywood product manufacturers operating nationwide, distributed across 28 provinces and regions, with a total production capacity of approximately 208 million cubic meters per year.…

National Plywood Data for 2022 Released! Stable Growth in Plywood Production and Sales

By the end of 2022, there were over 10,800 plywood product manufacturers in China, with a total production capacity of approximately 208 million cubic meters per year. This represents a further decrease of 6.3% compared to the end of 2021. The average production capacity per enterprise was about 19,3…

Possibly the Coldest "Golden March" in Recent Years: Analysis of Chinas Construction Formwork Market in Q1 2023

The first quarter of 2023 was influenced by a combination of complex factors, including the aftermath of the COVID-19 pandemic, the Lunar New Year holiday, and shifts in real estate policies, making it one of the most turbulent three-month periods in recent years.Nevertheless, the construction formwo…

The United States imposes tariffs exceeding 300% on plywood from Vietnam containing Chinese core panels, and the current state of the plywood production line market.

The Ministry of Industry and Trade of Vietnam stated that on March 23, 2023, the U.S. Department of Commerce (DOC) announced a sixth extension for releasing the conclusion of the anti-circumvention investigation, which involves the imposition of countervailing duties on plywood using hardwood materia…