Vietnam’s furniture exports fell by 31.7% in the first quarter! According to recent reports from Vietnamese media, due to a decrease in global demand, Vietnam’s timber and furniture exports in the first quarter of this year decreased by 28.3% year-on-year, with a total export value of only 2.9 billion US dollars. Wooden furniture was the main factor leading to a …
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By 2033, the plywood market will reach a valuation of $156.9 billion
By 2033, the plywood market will reach a valuation of $156.9 billion As of 2023, the global plywood market is valued at $85.5 billion. During the period from 2023 to 2033, the market is expected to grow at a compound annual growth rate of 6.3%, and by 2033, the estimated valuation of the market is expected to reach $156.9 billion. …
Read More »The production capacity of plywood products nationwide in 2022 has decreased by 6.3% compared to 2021
The production capacity of plywood products nationwide in 2022 has decreased by 6.3% compared to 2021 2023-02-24 Source: Chinese artificial board At the end of 2022, there were over 10800 plywood production enterprises in China, with a total production capacity of approximately 208 million cubic meters per year, a further decrease of 6.3% compared to the end of 2021; The …
Read More »Shandong Pingdu: Plywood E0 grade has become E1 grade, suspected of commercial fraud.
Shandong Pingdu: Plywood E0 grade has become E1 grade, suspected of commercial fraud. 2023-03-21 Source: The highest inspection website The prosecutor introduced a case of consumer rights protection to the salesperson of a customized furniture store. When customizing furniture for house decoration, choosing indoor decoration materials with lower formaldehyde emissions is usually the first consideration for consumers. In September 2020, …
Read More »The production and sales of plywood and particle board will grow steadily in 2023
The production and sales of plywood and particle board will grow steadily in 2023 2023-04-03 Structure of wood-based panel market segmentation According to different raw materials and production processes, wood-based panels can be divided into plywood, fiberboard, particle board, blockboard, etc. From the perspective of the product structure of artificial board supply, plywood accounts for the main proportion of the …
Read More »US imports of hardwood plywood from Russia have decreased by 82%
US imports of hardwood plywood from Russia have decreased by 82% 2023-04-03 According to data from the American Decorative Hardwood Association, the cost of importing hardwood plywood from the United States decreased by 69.6% in January 2023. Compared to the same period last year, the delivery volume decreased by 67.7%. As for the results in 2022, the import of hardwood …
Read More »As of the end of 2021, more than 20000 plywood production enterprises have been shut down nationwide.
As of the end of 2021, more than 20000 plywood production enterprises have been shut down nationwide. The production capacity of wood-based panels in China has been continuously increasing since 2016, and has shown an overall decline since 2021. According to statistics from the China Forestry Industry Association, as of the end of 2022, there are over 10800 plywood product …
Read More »2023 Accelerated elimination of outdated wood-based panel industry, boosting the market for wood-based panel machinery and maintaining strong demand
2023 Accelerated elimination of outdated wood-based panel industry, boosting the market for wood-based panel machinery and maintaining strong demand April 13, 2023 Source: Puhua Youce Current situation of equipment market for artificial board production lines (1) Current Market Situation of Plywood Production Line The plywood industry presents the characteristics of small and dispersed enterprises, labor-intensive, and outdated equipment. The traditional …
Read More »Rizhao has jumped to become the largest timber import port in China for the first time.
Rizhao has jumped to become the largest timber import port in China for the first time. Rizhao is an important modern port city and port industry base in China, with unique advantages in importing timber resources. In 2022, Rizhao Port imported nearly 10 million cubic meters of timber, making it the largest timber import port in China for the first …
Read More »Far infrared sauna customers from the UK and plywood and hardware products customers from Canada arrived in Guangzhou early this morning to participate in the largest ever Canton Fair.
Our Mexican plywood client checked into a hotel in Guangzhou yesterday afternoon. Far infrared sauna customers from the UK and plywood and hardware products customers from Canada arrived in Guangzhou early this morning to participate in the largest ever Canton Fair.
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