Author: admincp

In view of the ongoing unpredictable developments of the coronavirus pandemic many trade fairs have been postponed across Europe and Asia. Fordaq has gathered all the information about the posponement of trade shows, which you can find in the table above. We will keep you updated on further modifications and changes.

Source: Internet

For more information about Flexible plywood and other plywood, please visit: https://flexibleplywood.com/plywood-products/

With two forecast scenarios, Germany’s BauInfoConsult institute shows the possible effects of the pandemic on the German construction sector. The key construction indicators – such as construction investment or volume – are linked to GDP development in the long term. On the basis of various macroeconomic forecasts and their current correction downwards, similar developments in construction can be assumed. Only the intensity of the effects is questionable.

Assuming that the spread of coronavirus in China peaked in the first quarter of 2020 and outbreaks in other economically strong countries will also be somewhat under control by the end of the quarter, the OECD anticipates global growth to decline by 0.5%. As a result, global economic growth is expected to be 2.4% in 2020. And for Germany would be + 0.3%. In this case, the BauInfoConsult forecast model assumes that construction investment in 2020 could increase by 2.1% and construction volume by 2.2%. This would roughly result in a construction investment of € 331.2 billion and a construction volume of € 453.8 billion.

However, this mild overall scenario is becoming less likely from day to day. The focus is on the second scenario. In the event of a prolonged, more intense outbreak of the coronavirus, which continues to spread in the Asia-Pacific region, in Europe and North America, a global economic growth of only 1.5% can be expected in 2020. However, this negative variant would particularly affect Europe. If this situation arises, German GDP could slide into a slight recession with a minus of 0.3%. For construction, this would result in a minus of 0.4% in investments and in construction volume -0.5%. This would mean construction investment in 2020 will be around € 323 billion and the construction volume at around € 428 billion.

After all, the demand for construction in such a situation should decrease and also affect prices, which could return to normal levels.

Source: Internet

For more information about Flexible plywood and other plywood, please visit: https://flexibleplywood.com/plywood-products/

After five years of strong growth, sales in the German wood industry (incl plywood industry) fell by 1.2% last year. The sales of companies with 50 or more employees totaled € 36.1 billion in 2019.

While the number of employees increased by 0.9% to 156,995, the number of companies decreased by 0.5% to 929. With a minus of 1%, the domestic market developed better than the foreign market (-1.4%). Driven by the still robust construction industry, the construction-related area of ​​the wood industry – which includes the manufacturers of prefabricated houses, windows, doors, stairs and other wood-based components (plywood, floorboard) – recorded the most significant increase of 3.7% last year.

“Even if the timber industry had to cope with a slight decline in sales for the first time in five years, we are overall satisfied with the annual result. The current sales development is primarily due to the negative price effect for wood and wood products. For the current year, we expect a price-adjusted stable development, ”said the managing director of the Federation of the German Wood Industry (HDH), Dr. Denny careless.

Source: Internet

For more information about Flexible plywood and other plywood, please visit: https://flexibleplywood.com/plywood-products/

In January 2020, the Brazilian exports of wood-based products (except pulp and paper) declined 8.6% in value compared to January 2019, from US$226.0 million to US$206.5 million.

The value of pine sawnwood exports dropped around 15% from January 2019 (US$43.9 million) and January 2020 (US$37.5 million).

In terms of volume, exports fell 1.6% over the same period, from 211,100 cu.m to 207,700 cu.m.

The volume of tropical sawnwood exports fell 30% in January 2020, from 41,500 cu.m in January 2019 to 29,000 cu.m in January 2020. The value of tropical sawnwood exports fell 28% from US$17.7 million to US$12.7 million over the same period.

The downtrend continued with pine plywood exports which dropped 31% January 2020 in comparison with January 2019, from US$38.4 million to US$26.5 million.

In volume terms exports fell 11% over the same period, from 136,400 cu.m to 121,200 cu.m.

As for tropical plywood, exports also dropped. There was a 50% decline in the volume and a 54% drop in the value of exports from 10,600 cu.m (US$ 3.9 million) in January 2019 to 5,300 cu.m (US$ 1.8 million) in January 2020.

The only increase report for January 2020 was in exports of wooden furniture, the value of which increased from US$29.8 million in January 2019 to US$30.0 million in January 2020.

Source: Internet ITTO/Fordaq

For more information about Flexible plywood and other plywood, please visit: https://flexibleplywood.com/plywood-products/

Malaysian plywood manufacturers have lost market share in Japan, their key export market, due to stiff competition from Indonesian suppliers and the sharp increase in local production of plywood from domestic softwood resources.

Statistics from the Sarawak Timber Industry Development Corp. (STIDC) reveal that Sarawak plywood export volumes fell to about 1.12 million cubic metres, worth RM2.26 bil (FOB), in 2019 from 1.43 million cubic metres (RM3.03 bil) in 2018 and 1.74 million cubic metres (RM3.27 bil) in 2017.

Despite the drop in sales, in 2019 Japan was the top buyer of Sarawak plywood absorbing 733,051 cubic metres (RM1.59 bil) or more than 70% of the state’s total plywood exports.

Sarawak log export volumes dropped to 1.29 million cubic metres worth RM722.2mil in 2019 against 1.42 million cubic metres valued at RM773 mil in 2018.

Source: Internet

For more information about Flexible plywood and other plywood, please visit: https://flexibleplywood.com/plywood-products/

Exports volume of tropical plywood in 2019 totalled 89,120 cubic metres, an increase of over 45% compared to 2018. However, the monthly average of around 7,400 cu.m is very low compared to the past decades and minute compared to the potential of the Brazilian tropical forest.

The top 5 markets for tropical plywood in 2019 were the US, Ireland, the United Kingdom, Mexico and Canada which together accounted for over 80% of all exports of these products.

It has been difficult to expand markets for tropical veneer says the Brazilian Association of Mechanically-Processed Timber Industry (ABIMCI) because of raw material supply issues. However, despite this problem there was a significant growth in export volumes in 2019, with shipment of 25,848 cubic metres, a good recovery compared to previous years.

The top 5 markets for Brazilian veneers in 2019 were South Korea, the US, Malaysia, the Philippines and China which together accounted for almost 70% of veneer exports.

Timber production in international market in 2019

According to ABIMCI production of the main timber products has been steadily expanding, driven mainly by the rising production potential of the forests and export demand.

Sawnwood, pallets, veneer sheets, plywood, wood frames, doors and other components are some of the main products produced for the domestic and export markets. Some processed products such as furniture parts/frames for the export market, especially in the US are competing directly with the same product from Chile and China.”

Representatives of ABIMCI said in 2020 the international wood products market will continue to experience some market unpredictability as the US/China trade dispute will linger on creating uncertainties and changes in the supply chain for wood products in several countries.

The consumption of wood products is gaining importance globally and there is a high expectation that as technical standards for wood frame construction are developed there will be major opportunities in the construction sector.

Source: Internet /Fordag

For more information about Flexible plywood and other plywood, please visit: https://flexibleplywood.com/plywood-products/

On the 12th of November 2019 the Vietnamese Minister of Industry and Trade of Vietnam signed and announced Circular No. 22/2019/TT-BCT on Temporary Suspension of border-gate transfer business and temporary import of plywood (HS 44.12) into Vietnam for re-export to US. This Circular takes effect from December 27, 2019 to December 31, 2024.

While export of Chinese plywood for the US is decreasing by trade conflict and Vietnam is taking over such business and export to the US is increasing but there is some concern that some Chinese outfits are exporting Chinese made farm products and industrial products as Vietnamese products and ship out to the US through Vietnam to avoid the increased duties in the US.

Since last June, the Vietnamese government tries to stop such detour trade and tightened rules and penalties on Chinese products, which are destined to the US as Vietnamese products and this new regulation is one of such restrictions.

Source: Internet ITTO/Fordaq

For more information about Flexible plywood and other plywood, please visit: https://flexibleplywood.com/plywood-products/

US imports of sawn tropical hardwood fell by 25% in November. At 16,572 cubic metres for the month, imports were 16% lower than November of 2018. Import volumes are ahead of 2018 by 14% year to date.

Imports from Ecuador were down by nearly 60% in November and are now down 12% year to November. Imports from Brazil, Malaysia and Congo (Brazzaville) also fell in November but remain well ahead of 2018.

Jatoba imports, while rising only 2% in November, remained steady as the highest volume of tropical hardwood imported by the US in 2019. Jatoba imports are up 95% year to date at 46,726 cubic metres through November, which surpassed the amount of balsa (previously the top species by volume) imported by the US in 2018. Balsa imports fell by 60% in November and are down by 12% year to date. Balsa had easily been the top tropical hardwood imported by the US throughout the past decade.

Despite falling in November, imports of sapelli and keruing are up 19% and 36% year to date over 2018.

Imports of hardwood plywood fell by 24% in November after a strong performance in October. Imports, at less than 188,000 cubic metres, were 20% lower than that of November 2018. Year to date imports are 8% behind those of last year. Imports from Russia fell by 16% in November and are now 2% behind 2018 year to date.

Imports from China continue to slide, dropping 35% in November and entering the last month of 2019 down 54% year on year. Imports from Malaysia and Cambodia were both down significantly in November and trail their 2018 year to date totals by nearly one third.

US Imports of tropical hardwood veneer also retreated sharply in November from encouraging October numbers.

Imports were down 37% for the month as imports from China also fell by 37%. Imports from Italy, which supplies over one-third of veneer imports to the US, fell by 27%, but are still ahead of 2018 by 5% year to date.

Imports from India were up sharply in November and are ahead by 14% year to date. Imports from Cote d’Ivoire were off by 64% in November and are down by 25% year to date.

US imports of hardwood flooring fell for the third straight month, dropping by 14% in November. The decline places year to date imports 3% behind 2018, after being ahead for most of the year. Imports from China fell 8% in November and are down 65% for the year to date. Imports from Malaysia were up 23% for the month and are ahead by 37% for the year.

Imports of assembled flooring panels also fell by 14% in November and are 2% behind 2018’s year to date pace. Imports from China fell 38% and are down 45% year to date. Imports from Vietnam rose 9% in November and are more than doubling 2018 year to date.

US Imports of hardwood moulding fell again in November. Imports were down 12% for the month and trail 2018 numbers by 24% year to date. Imports from Brazil were down by more than 55% in November and are off by more than 50% year to date. Imports from China were also poor, down 33% for the month and 45% year to date. Imports from Malaysia filled some of the need, up 50% for the month and 12% year to date.

Imports of wooden furniture were down 4% in November as imports from China continue to weaken. While down only 3% from October totals, imports of wooden furniture fell to a low in dollars not seen since March 2014.

Imports from China are down 30% year to date. Imports from Canada, Mexico and Indonesia were down for the month, while November imports from India and Malaysia rose slightly.

Source: Internet  ITTO/Fordaq

For more information about Flexible plywood and other plywood, please visit: https://flexibleplywood.com/plywood-products/

EU imports of tropical hardwood plywood products were 174,200 MT in the first half of 2019, 8% more than the same period last year. Import value increased 14% to €154.4 million.

A large and growing proportion of the plywood faced with tropical hardwood imported into the EU is manufactured in China. The EU imported 76,100 MT of this product from China in the first half of 2019, 39% more than during the same period in 2018.

Imports also increased from Gabon, by 9% to 7,400 MT, Viet Nam, by 3% to 6,100 MT, and Brazil, by 9% to 6,000 MT. These gains offset a 4% fall in imports from Indonesia, to 46,300 MT, and 32% fall from Malaysia, to 19,700.

EU imports of tropical hardwood plywood during 2019 are being strongly influenced by market issues elsewhere in the world, notably the US-China trade dispute which has led to a dramatic decline in Chinese tropical hardwood plywood exports to the United States and increasing diversion of Chinese product to the EU, mainly destined for the UK.

In the first half of 2019, UK imports of tropical hardwood plywood products increased 17% to 95,400 MT, despite widespread reports of overstocking and declining plywood consumption in the country. UK imports of tropical hardwood plywood from China increased 81% to 55,000 MT in the first six months of 2019, while UK imports from Malaysia fell 32%, to 16,800 MT, and were down 14% from Indonesia to 17,800 MT.

Tropical hardwood plywood imports into other EU countries were less volatile in the first half of 2019. Moderate declines in imports in Belgium (-8% to 19,100 MT), Germany (-3% to 13,000 MT), France (-3% to 10,100 MT) and Italy (-2% to 8,800 MT) were offset by an 8% rise in imports in the Netherlands, to 18,500 MT.

Source: Internet

For more information about Flexible plywood and other Tropical hardwood plywood, please visit: https://flexibleplywood.com/