China’s wood based panel exports decreased by 5% in 2016
14 June 2017China’s wood based panel exports in 2016 totalled 15 million m3 valued at US$670m, a year-on-year increase of 2% in volume but decrease of 5% in value, reports the International Tropical Timber Organization (ITTO).
Plywood dominated wood based panel exports in 2016 and accounted for 76.5% of the total wood based panel exports. Plywood exports totalled 11 million m3 in 2016 valued at US$530m, up 5% in volume, but down 4% in value.
Most of China’s plywood exports were destined for the US market (2.1 million m3), a year-on-year increase of 12%.
Shipments of plywood from China to international markets were mainly through Qingdao (4.47 million m3) and Nanjing (4.33 million m3), a year-on-year increase of 16% and 1%, respectively. 78% of China’s plywood exports were through the above-mentioned two ports.
