Rise in the output of China’s wood-based panel

Fuente:
ITTO/Fordaq
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It has been reported that the output of China’s wood-based panel sector in 2019 rose 3% year on year to 308.59 million cubic metres.

Production included 180 million cubic metres of plywood, 62 million cubic metres of fibreboard, 30 million cubic metres of particleboard and 37 million cubic metres of other wood-based panels (48% of which was blockboard).

The domestic consumption of wood-based panel in 2019 increased year on year to just over 1% to 293 million cubic metres.

The rate of expansion of production capacity is slowing, panel supply is adequate and the structural reform of the wood-based panel sector is being vigorously pursued and this has seen a reduction in sales of low-quality panels.

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