The boom times for log exporters are now a thing of the past with China now taking less logs, building up domestic capacity and taking more lumber from overseas markets.
China had posted robust growth in its Plywood exports in year 2021. China Customs reported that the plywood exports from country were 12.35mn cbm valued at USD 5.9bn in 2021, up 19% in volume and 40% in value year on year.