Aug 26, 2013. /Lesprom Network/. Sales of wood-based panels in China have grown by an average of 20% annually since 2007 to reach to 272 million cubic metres in 2012, ITTO reported.

However, new policies in the domestic real estate sector and weak international demand have slowed the expansion of wood based panel sales.

The State Forestry Administration estimated that production and sales of China’s wood-based panel in 2012 were 286 million cubic metres and 272 million cubic metres, up 21% and 17% respectively.