China has always been one of the biggest wood product importers in the world. In the first half of 2016, over 50% of China’s wood products are imported and the imports of wood, wood-based panels and wooden furniture have all jumped noticeably compare with the same period of 2015. It has been predicted that China’s imports of wood products will continue to soar.
|Imported Item||Total Imports|
From Jan to July, 2016
|Year on Year Growth|
|Sawn Timber||18,280,300 m³||17.1 %|
|Medium Density Fiberboard||149,500 m³||16.02%|
|Particle Board||395,200 m³||33.95%|
|Wooden Furniture||5,012,900 pieces||14.44%|
China’s Imports of Wood Products in the First Half of 2016
Huge demand for Wooden Buildings in China
In order to encourage the growth of ecotourism, the Chinese government has released a series of documents to promote the construction of campsites with wooden structures and mobile wooden houses, etc, and the number of newly built campsites is expected to be at least 1,000 by 2020. What’s more, the 13 five-year plan has also reveal China’s aspiration to build 500 tourist towns featured with wooden cabins, which will generate tens of millions of profits in RMB.
It has been reported that by 2030, the number of the aged in China will reach 342 million, accounting for 23% of the population and consequently senior housing will be in sore need. As early as 2014, the Chinese government has realized the gravity of aging population and released document to encourage the development of senior real estate. Wooden houses in the suburbs, which are good for the health of the elderly, will be the next hot project for real estate developers.
It is reported that annually 40% of the world’s cement and steels are consumed by China as its main construction materials. The massive use and production of cement and steels has generated billion tons of carbon emission. In order to keep its promise of cutting down 65% of carbon emission by 2030, China now vigorously encourage the construction of green buildings. Currently around 2 billion㎡of new buildings are constructed annually in China of which only 20% are considered ‘green building’. According to the national plan, the proportion of ‘green buildings’ should increase to 50% by 2020, which mean that the market value for wood frame buildings will be in the tens of billions of US dollars by that time.
It is foreseeable that in the near future under the strong supports of the government, wooden buildings will be spring up everywhere in China, triggering a surge in demand for wood products. What’s more, since China has placed a logging ban on natural forests, it will be necessary for China to import wood products.
If you want to seize this unprecedented chance to penetrate into China’s wood market, please come to the 6th South China International Wood & Wood Products Fair (Wood South China 2017). Concurrently held with the 9th China (Guangzhou) Int’l Integrated Housing Industry Expo (CIHIE 2017), Wood South China 2017 will be filled with business opportunities!
For potential exhibitors or visitors, please contact us and we will provide you with the information you need.
The 6th South China International Wood & Wood Products Fair (Wood South China 2017)
Date: May 12th-14th, 2017
Venue: Poly World Trade Center Expo
Ooversea organizer: Jacob Kong (Mr.)