Chinese plywood continues to gain market share
006. Japanese imports from China showed their tenth consecutive monthly increment in April, reaching 54 000 cubic meters.
Jul 19, 2006. /Lesprom Network/. Japanese imports of plywood (regular, special, blockboards, etc.) in April declined 14% to 367 000 cubic meters, down 6.7% to JPY 17.5 billion ($148.7 million), compared with April 2005, ITTO reported. Imports from Malaysia fell 4.5% to 192 000 cubic meters while those from Indonesia dropped 36% to 112 000 cubic meters. In contrast, imports from China showed their tenth consecutive monthly increment in April, reaching 54 000 cubic meters, up 56% from the same month last year. Overall, Japanese imports from Indonesia have declined 29% to 500 000 cubic meters in the first quarter of 2006, compared with the same period last year. In contrast, supplies from Malaysia grew 9.6% to 836 000 cubic meters in the first quarter of 2006, accounting for 54% of total plywood imports. Imports from China reached 171 000 cubic meters in the first quarter of 2006, up 44% from the same period in 2005.