Apr 06, 2015. /Lesprom Network/. China’s plywood exports totalled 11.71 million cubic metres, valued at $5,810 million in 2014, up 14% in volume and 15% in value from 2013, ITTO reports.

The average unit price for exported plywood in 2014 was $496 per cubic metre, a year on year increase of 1.4%.

The average export price for plywood was $764 per cubic metre in the US, $498 per cubic metre in Japan, $489 per cubic metre in the UK, $390 per cubic metre in South Korea, $367 per cubic metre in UAE, $429 per cubic metre in Philippine and $309 per cubic metre in Saudi Arabia.

Around 85% of China’s plywood is exported by manufacturers in Shandong, Jiangsu, Guangdong and Guangxi but these manufacturers face tough price competition and complain average prices have only risen by around 10% in 5 years.