China’s log imports grow 22%

wood pile

According to the International Tropical Timber Organization, China’s Custom reported that between January and August of 2015 Chinese log imports rose 22% to 35.38 million cubic metres. The top 5 countries in terms of log supply were New Zealand (8.06 million cubic metres, up 12%), Russia (7.70 million cubic metres, 11%), the USA (4.41 million cubic metres, 31%), Papua New Guinea (2.24 million cubic metres, 23%) and Canada (2.04 million cubic metres, 18%).

Between January and August of 2015 log imports through Guangdong ports rose 41% with 2.28 million cubic metres valued at RMB7.51 billion. The average landed price for imported logs was RMB3297, up 28% on the same period last year.

The main reason cited for the increase in log imports through Guangdong was the higher demand from Chinese furniture makers in the region. Log imports have been rising partly because domestic logs are becoming more expensive.

Guangdong is the largest furniture manufacturing base in China, which will demand more logs and timbers compared to other provinces of China. It is known that Guangzhou is the capital and central city of Guangdong, where Wood Guangzhou trade show held on every May.

Wood Guangzhou is a trade platform for foreign wood traders to tap into China’s market and even for domestic wood products enterprises to expand overseas business. On edition 2014, International exhibitors from over 20 countries have successfully stepped into China’s market by exhibiting in Wood Guangzhou. In addition, many renowned Chinese enterprises, which are specialized in wood flooring, plywood, MDF, fiberboard business, had deals with a large number of International buyers from more than 40 countries or regions in Wood Guangzhou 2014.

Wood Guangzhou 2015 will continue to be a reliable platform for wood and wood products traders in China Import & Export Fair Complex during May 9-11, 2015.For more information about China’s market or Wood Guangzhou 2015, please contact Mr. Jacob Kong by email: grandeurhk@yeah.net or visit: http://www.muyezhan.com/index.php?lang=en