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Housing demand in China remains strong and in the first two months of 2010 demand jumped around 40% compared to the same period in 2009. According to the latest data, housing completions totaled over 900 million square metres.
Strong domestic demand and the beginnings of a recovery in the main western economies drove up both imports and exports of wood products in the first two months of 2010.
Imports
Statistics from China Customs show that China’s log imports totaled 4.62 million cubic metres in the first two months of 2010, up 54 percent over the same period of last year.
Of the total, log imports from Russia increased 31 percent to 2.12 million cubic metres; imports from New Zealand rose 140 percent to 0.16 million cubic metres and imports from Malaysia were up 114 percent to 0.16 million cubic metres.
A total of 1.647 million cubic metres of sawnwood were imported, up 104 percent from 2009. Of the total, sawnwood imports from Russia rose 77 percent, imports from Canada were up 200 percent and imports from the USA and Thailand increased 66 percent and 140 percent respectively.
For wood-based-panels, imports of plywood rose 33 percent, particleboard imports were up 41 percent, whereas imports of fiberboard fell almost 6 percent.
Furniture exports
Furniture exports in January and February 2010 totaled US$ 1.4 billion. Exports to the USA, the largest export market for Chinese wooden furniture, were worth US$428 million, up 32 percent over the same period of last year. This figure was only 12 percent lower than that of 2007, before the global financial crisis.
Exports of furniture to other principal markets also increased. For example imports by Japan rose 5 percent, imports by the UK grew 59 percent and imports by Germany were also higher.
The bulk of the furniture exports were from China’s southeastern coastal areas. Guangdong Province, the largest furniture exporting base in China, exported wooden furniture valued at US$ 572.42 million, up 43 percent over the same period in 2009.
Panel product exports
During the first two months of 2010, China’s exports of plywood were 938,000 cubic metres, up 67 percent on the same period in 2009. Of the total, 173,000 cubic metres went to the United States, up 40,300 cubic metres over the same period of 2009.
Plywood exports to the UK rose sharply in January and February (195 percent), Japan’s imports jumped 57 percent, South Korea increased imports by 118 percent and the United Arab Emirates imports from China rose 115 percent.
The main plywood exporters are in Shandong, from where some 361,000 cubic metres was exported in the first two months (up 83%); Jiangsu, 311,300 cubic metres (up 58%); Zhejiang, 62,800 cubic metres (up 61%); Guangdong, 49,800 cubic metres (up 86%) and Shanghai, 26,400 cubic metres, up 22 percent.
Exports of MDF also increased in the first months of 2010. A total of 226,700 tonnes of MDF were exported during this period, up 95 percent year on year. Of the total, MDF exports to the USA rose 59 percent, to Russia by 140 percent, to Korea by 126 percent, to Canada by 187 percent, to the UAE 120 percent and to Saudi Arabia by 10 percent.
Exports of MDF mainly came from Jiangsu (146,500 tons), Shandong (17,500 tonnes), Guangdong (12,300 tonnes), Shanghai (10,600 tonnes), Zhejiang (7,600 tonnes) and Guangxi (5,300 tonnes). Exports of particleboard were only 13,700 tonnes but were still up 40 percent over 2009.
Guangzhou City Imported Timber Market | Logs | Yuan per m3 | Lauan | 1900-2100 ⇑ | Kapur | 1900-2100 ⇓ | Merbau 6m, 60 cm diam.
| 3500-4000 | Teak
| 11000-13000 ⇓ | Wenge
| 5200-5300 ⇓ | Sawnwood
|
| Teak sawn grade A
| 9300
| US Maple 2" KD
| 7500-10000 ⇓ | US Cherry 2"
| 10000-13000 ⇑ | US Walnut 2"
| 14000-15500 ⇑ | Lauan | 3600-3800 ⇑ | Okoume
| 3500-3800 ⇓ | Sapele
| 5800-6300 |
Shanghai Furen Wholesale Market Sawnwood
| Yuan per m3 | Beech KD Grade AB
| 4800-4900 ⇓ | US Cherry, 25mm
| 4500-4600 | US Red Oak, 50mm
| 6500-7000 ⇓ | Sapele 50mm FAS (Congo)
|
| KD (2", FAS)
| 6000-6100 | KD (2", grade A)
| 5700-5800 |
Shandong De Zhou Timber market | Logs | Yuan per m3 | Larch 6m, 24-28cm diam.
| 1200 ⇑ | White pine 6m, 24-28cm diam.
| 1280 ⇑ | Korean pine 4m, 30cm diam.
| 1400 | 6m, 30cm diam.
| 1500 | Mongolian Scots
|
| Pine 6m, 30cm diam.
| 1320 ⇑ |
Hebei Shijiangzhuang Wholesale Market | Logs | Yuan per m3 | Korean Pine 4m, 38cm+ diam.
| 1700 | Mongolian Scots Pine 4m, 30cm diam.
| 1300 ⇑ | 6m, 30cm+ diam.
| 1350 | | Sawnwood |
| Mongolian Scots Pine 4m, 5-6cm thick
| 1400 ⇓ | 4m, 10cm thick
| 1450 ⇓ |
Tian Jin City Huan Bo Hai timber Market | Logs | Yuan per m3 | Okoume 80cm+
| 2900-3400 | | Sapele 80cm+ | 6000-6600 | | Wenge 80cm+ | 13000-14500 | | Sawnwood |
| Doussie
| 3600-4000
| European beech boules
| 3200-3400 | Radiata
| 800-1200 | Plywood
|
| US Black Walnut 4x8x3 mm
| 6000-8000
| Beech 4x8x3 mm
| 6000-8000 | Teak 4x8x3 mm
| 6000-8000 | | Poplar (4x8x3-5 mm) | 3000-4000
|
(ITTO's Tropical Timber Market Report)<
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| [30.04.2010] |
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