the timber network the timber network
the timber network
  Welcome to the Fordaq network.      Contact Us Choose language American English Français Italiano Español Deutsch Nederlands Românã Polski Cрпски Hrvatski Українська Русский 中文
     Homepage   Directory   Market Info   Our Services 
HELP ?   •   LOG IN  
     The marketplace | Catalogue
 

    China reports strong timber trade data for 2007

 

News Search

By keyword
  Search

By subject
  Member news
  Fordaq news
  Machinery news
  Special Reports
  Forestry
  Sawmilling
  Panels
  Veneer
  Parquet/Flooring
  Wood Construction
  Furniture
  Wood Energy
  Trade Shows
  Market Prices
  Video

News Archive

Archive

China reports strong timber trade data for 2007
07/03/2008 - 09:08

According to the Director General of the State Statistical Bureau, Mr. Xie Youzhan, China’s GDP reached RMB24.66 billion yuan (roughly USD3.52 billion) in 2007, up 11.4% from last year. In 2007, the total import and export trade value rose 23.5% to USD2.17 trillion over the last year, the trade balance was USD262.2 billion, up 47.7% over the last year. Given these strong economic results, China’s forest products trade extended considerably in 2007.

1.1 Imports

1.1.1 Logs

Log imports totaled 37.1 million m³ valued at USD5.35 million in 2007, up 15.4 % and 36.2 % respectively over the last year.
Russia remained the most important supplier in 2007. China imported 25.40 million m³ of logs from Russia valued at USD2.706 million, up 16.4% in volume and 37.6% in value over the last year. Major suppliers of logs (over 1 million m³) to China were as follows:

China imports of logs by main country of origin, 2007
Country
Import volume (000 m3)
Proportion of total China imports (%)
Increase over 2006 (%)
Russia
25 396
68.5
16.4
PNG
2 341
6.3
14.4
Malaysia
1 331
3.6
-5.7
New Zealand
1 270
3.4
40.3
Gabon
1 150
3.1
20
Solomon Islands
1 049
2.8
35.4


Tropical log imports in 2007 were 8.40 million m³, up 8.5% over the last year, but the proportion to the total log imports was 22.6% by volume, compared with 24.1% in 2006.

1.1.2 Sawnwood

Sawnwood imports totaled 6.55 million m³, valued at USD1.77 million in 2007, up 6.5% in volume and 4.4% in value over the last year. Imported sawnwood came from a number of countries. Russia and the US were two of the traditional major suppliers. China imported 1.58 million m3 of sawnwood from Russia and 1.07 million m³ from the US in 2007, accounting for 24.2 % and 16.4 % of the total sawnwood imports respectively. Table 5 shows the major sawnwood suppliers to China.

China imports of sawnwood by main country of origin, 2007
Country
Import volume (000 m3)
Proportion (%)
Increase over 2006(%)
Russia
1 585
24.2
35
USA
1 073
16.4
5
Canada
675
10.3
69.6
Malaysia
310
4.7
-17.6
Brazil
279
4.3
-18.2
Myanmar
260
4
46.1
Indonesia
258
3.9
-42.7
New Zealand
252
3.8
-10.3


1.1.3 Wood-based panels

Plywood imports were 306,000 m3 and valued at USD170 million in 2007, down 26% in volume and 13.6% in value from last year. Imported plywood mainly came from Indonesia and Malaysia. China imported 140,000 m3 of plywood from Indonesia, valued at USD 81.40 million, down 37.8% in volume and 28% in value from last year. Plywood imports from Malaysia totaled 100,000 m3, valued at USD 46.93 million, down 13.8% in volume and up 14% in value from last year. Of the total volume of imported plywood, Indonesian plywood accounted 45.8%, while Malaysian plywood amounted to 32.7%.
Regarding other wood-based panels, fiberboard imports totaled 900,000 m3, valued at USD 169 million in 2007, down 5.5% in volume and 13.7% in value from last year. Particle board imports amounted to 525,000 m3, valued at USD 106 million in 2007, down 3% in volume and 4.5% in value from 2006 levels. Finally, veneer imports were 98,000 tons and valued at USD135 million in 2007, down 2.9% in volume and up 14.7% in value from last year.

1.1.4 Pulp and waste paper

In terms of value, pulp is the largest imported forest products. Pulp imports totaled 847 million tons, valued at USD 5.55 million in 2007, up 6.5% in volume and 26.3% in value from last year.
China is the largest importer of waste paper in the world. Waste paper imports totaled 22.56 million tons in 2007, accounting for 45% of the world total imports, valued at USD 4.042 million, up 15% in volume and 47.1% in value from 2006.

1.1.5 Paper, paperboard and waste paper

Paper and board imports totaled 3.99 million tons, valued at USD 3.52 million in 2007, down 9.5% in volume and up 2.9% in value from last year; paper product imports totaled 214.7 thousand tons, and valued at USD764 million in 2007, down 7.3% in volume and up 6.1% in value the previous year.

1.1.6 Wooden furniture

China imported a total of 2.48 million pieces of wooden furniture in 2007, valued at USD220 million, up 92.3 % and 87.4 % respectively over the last year.

1.2. Exports

1.2.1 Sawnwood

Sawnwood exports were 747,500 m3, valued at USD389 million in 2007, down 7.5 % and up 10.2 % respectively from last year. In addition, 16,000 m3 of sleepers were exported, valued at USD2.74 million in 2007. Sawnwood was mainly exported to Japan, Korea and the US.

China exports of sawnwood by main country/region of destination, 2007
Country /region
Volume (000 m3)
Proportion (%)
Value (USD 000)
Proportion (%)
Japan
402.6
53.9
223 396
57.3
Korea
86.3
11.5
32 953
8.5
US
65.1
8.7
29 751
7.6
Taiwan (PRC)
32.2
4.3
11 567
3
Vietnam
30.9
4.1
11 238
2.9


China’s sawnwood was exported mainly through such ports as Dalian (283,000 m3), Qingdao (169,000 m3) and Nanjing (142,000 m3), which accounted for 79.3% of the total exports.

1.2.2 Plywood

Plywood exports totaled 8.78 million m3, valued at USD3.58 million in 2007, up 5.8% in volume and 23% in value from last year. Plywood was mainly exported to the USA, Japan and UK, etc.

China exports of plywood by main country/region of destination, 2007
Country/region
Volume (000 m3)
Proportion (%)
Value (USD 000)
Proportion (%)
US
1 997
22.7
974 062
27.2
Japan
701
8
247 317
6.9
UK
486
5.5
181 449
5.1
UAE
387
4.4
127 696
3.6
Taiwan (PRC)
387
4.4
101 285
2.8
Germany
277
3.2
118 878
3.3
Hong Kong, SAR
258
2.9
64 603
1.8
Egypt
230
2.6
73 538
2.1


Plywood was exported mainly through Nanjing, Qingdao and Shanghai ports, other ports like Guangdong, Tianjin and Dalian were also the important ports to export plywood.

1.2.3 Fiberboard

Fiberboard exports totaled 2.29 million tons, valued at USD1.08 million in 2007, up 56.3 % and 70.7 % respectively from last year. Fiberboard was mainly exported to Middle East countries such as Saudi Arabia. North America, Korea and Russia were also the important destination areas.

China exports of fiberboard by main country of destination, 2007
Country
Volume (000 m3)
Proportion (%)
Saudi Arabia
254.9
11.2
USA
219.1
9.6
UAE
171.4
7.5
Korea
169.8
7.4
Yemen
147.5
6.5
Canada
133.9
5.9
Russia
123.4
5.4
Syria
121.3
5.3


1.2.4 Wooden furniture

China exported a total of 284.2 million pieces of wooden furniture in 2007, valued at US$10.685 billion, up 14.5 % and 21.7 % respectively over the last year.
The US is the major importer of China’s wooden furniture, with China’s exports to the US valued at USD5.14 billion in 2007, accounting for 48.1% of China’s total exports. Other important countries and regions which imported China’s wooden furniture in 2007 were the UK (USD873 million, 8.2%), Hong Kong SAR (USD752 million, 7%) and Japan (USD713 million, 6.7%).

1.2.5 Paper, paperboard and paper products

Paper and board exports totaled 4.23 million tons, valued at USD3.16 million in 2007, up 38.5% and 41% respectively from last year. Paper products export totaled 2.58 million tons, valued at USD3.94 million, up 19.9 % in volume and 24.8 % in value over the last year.
(ITTO's Tropical Timber Market Report)
Send this article to a friend

Special Reports

  KVH for 240 €/m3; producers are optimistic
  30/06/2008 - 17:06
  France: Price index for Hardwood timber – May 2008
  09/06/2008 - 09:56
  France : Hardwood logs price index
  09/06/2008 - 09:07
  Further price reductions for edged beech lumber
  09/06/2008 - 09:01
  Weaker log market in Northern- and Eastern Germany
  05/06/2008 - 19:42
  Storm timber: Softwood logs in South Germany under pricing pressure
  21/04/2008 - 17:35
  Germany: Emma storm damage estimate
  04/03/2008 - 11:49
  6.2 million m3 of storm timber in Austria
  04/02/2008 - 10:07
  Laminate flooring - Eastern Europe compensates for USA's losses
  18/01/2008 - 17:50
  France: Oak prices at ONF standing timber auctions
  29/11/2007 - 16:15

Latest News

  More than 100 entries in European-beech.com
  24/07/2008 - 13:51
  Finland - tax reductions on timber sales
  23/07/2008 - 18:10
  Everything’s ready in Pordenone for the eighth ZOW
  23/07/2008 - 08:40
  Pöyry PLC approves share subscriptions with stock options
  23/07/2008 - 08:20
  Germany: Pallets and wooden packaging – declining wood prices
  22/07/2008 - 17:16
  Study: US demand for pallets to reach 1.5 billion units in 2012
  22/07/2008 - 13:20
  Wooden windows dominate Italian market
  22/07/2008 - 12:22
  Weaker German window market
  22/07/2008 - 12:14
  Nordic and Baltic forestry is committed to sustainability
  22/07/2008 - 12:01
  US Single-family housing starts and permits decline in June
  21/07/2008 - 17:31
 
 
  Copyright FORDAQ © 2003    Disclaimer   General Conditions Print this page   Top of the page