Statistics and Analysis of Development of China's Timber Industry in 2010

In 2009, the total output value of China's forestry industry reached 1.75 trillion yuan, an increase of 21.43% over 2008. In the nine years since 2001, the average annual growth rate of the country's forestry industry output value was 19.92%. Among them, there are 9 provinces with a total output value of over 80 billion yuan in the forest industry, and Guangdong, Fujian, and Zhejiang are still among the top.

Development of China's Wood Products Industry Sub-industry in 2010

2.1 Analysis of China's Demand for Wood

China is a major timber importer in the world and its dependence on imported timber is about 30%. The output of Chinese logs and sawn timber has been growing steadily, and the degree of dependence on Chinese timber will gradually decline. Each year, about 40 million m3 of timber is imported from abroad, of which about 75% are logs.

2.1.1 China's Demand for Logs

China’s output of logs is basically maintained at a growth rate of around 10%. The increase in timber production in 2008 was significant, mainly due to the impact of the snowstorm, and therefore also caused a reduction in the output of logs in 2009. It is expected that the output of Chinese logs will continue to maintain 10% in 2010. About growth.

Before 2008, the import volume of Chinese logs maintained a growth rate of about 10%. Affected by the economic crisis, the import volume of logs fell by 20% in 2008 and decreased by 5% in 2009. In January-October 2010, the timber import volume was 28,521,200 m3, and the import volume was 4.978 billion U.S. dollars, which was an increase of 23.5% and 52.2% respectively over the same period of last year. Russia and New Zealand are China's two largest timber suppliers, accounting for about 70% of the total timber imports.

2001-2010.1-10 China's log supply

Unit: 10,000 square meters

2.1.2 China's demand for sawn timber

Before 2008, sawmill production in China maintained a growth of approximately 10%. In 2009, output of sawn timber increased rapidly, with an increase of approximately 40%. From 2004 to 2007, China's sawdust imports remained at a level of about 6 million m3. Imports of sawn timber began to increase significantly in 2009, with about 40%. In the first 10 months of 2010, a total of 11.7 million cubic meters of sawn timber were imported, with an import volume of 3.077 billion U.S. dollars, an increase of 48.6% and 68.7% over the same period of last year. Russia, Canada and Thailand are the major suppliers of sawn timber in China, and about 70% of the country’s total sawn timber imports.

2001-2010.1-10 China Sawn Timber Imports

Unit: 10,000 square meters

2.2 Furniture Industry

At present, China has become the world's largest furniture manufacturing and exporting country. According to the statistics of CSIL, China accounts for about 25% of the world's total furniture production. In 2009, the total output value of the furniture industry was about 730 billion ***, an increase of 4.85% over 2008, of which panel furniture accounted for about 50% of the total output value of furniture.

In the first half of 2010, the total output of Chinese furniture was 348 million pieces, an increase of 23.96% over the same period of last year, of which the output of wooden furniture was 117 million pieces, an increase of 29.84% over the same period of last year.

2004-2010 Chinese wooden furniture production

Unit: 10,000 pieces

According to data from the China Furniture Association, sales of Chinese furniture manufacturers continued to grow at a double-digit rate in the first half of 2010. According to China Customs data, furniture exports in the first half of 2010 reached US$159.72 billion, an increase of 32.4 over the same period of last year. % In 2010, the total export value of Chinese furniture is expected to exceed US$30 billion. In the first half of this year, the export volume of wooden furniture was 95.629 million pieces, and the export value was 4.706 billion U.S. dollars, which was an increase of 23.32% and 49.32% respectively over the same period of last year.

Through interviews with furniture companies, we learned that so far this year, furniture raw materials have risen by more than 10%, and fiberboard prices have risen by 21.3% from last year. Currently, companies respond by adjusting procurement plans, planning inventory, and finding new material sources. Since large-scale enterprises generally have medium-to-long-term strategic agreements with upstream companies, the impact of this price increase on large-scale enterprises is not significant, and some small-scale, less-compressive small enterprises may be caught in this price increase. Eliminated.

2.3 Flooring Industry

China has developed into a major producer and exporter of floorboards. In 2009, China's wooden floor production reached 364 million m2, an increase of 5.9% compared to 2008, including 162 million m2 of laminate flooring, 83 million m2 of engineered wood flooring, and 4200 solid wood flooring. Million m2.

2005-2009 China Floor Production

Unit: 10,000 square meters

Affected by the economic crisis, the export of wood flooring declined in various degrees in 2008-09, the export volume of solid wood fell by 15-20%, the export value of solid wood flooring decreased by 30%, and the export value of laminate flooring decreased. 15%. In the first eight months of 2010, China's floor exports began to recover. The export value of solid wood flooring increased by 30%. The export value of solid wood flooring grew by a maximum of 50%, and the export value of laminate flooring increased by about 40%.

2.4 Wood-based panel industry

At present, there are more than 6,000 wood-based panel manufacturers in China, mainly SMEs, and the world's largest producer, consumer, and importer and exporter. According to the forecast of the Food and Agriculture Organization of the United Nations (FAO), the total production and consumption of artificial wood in the world will reach 255 million m3 in 2010, and more than one-third of its contribution comes from China.

According to the statistics of the State Forestry Administration, in 2009, the output of China's wood-based panels reached 115,465,600 m3, which exceeded 100 million m3 for the first time, exceeding 30% of the world's total output. The output of man-made panels in Jiangsu, Henan, Shandong, and Hebei exceeded 10 million m3. The output of Guangxi, Fujian, Anhui, and Guangdong provinces exceeded 5 million m3, and the output of man-made panels in the above eight provinces accounted for 75.30% of the country's total.

China's Panel Production Statistics for 2001-2009

Unit: 10,000 square meters

Although China's wood-based panel products are directly exported at about 10%, indirect exports, such as the processing of furniture, flooring, and wooden doors, have already reached nearly 40%. From 2007 to 2009, due to the financial crisis, the export of man-made panels and processed products declined. Exports began to rebound in the first half of 2010.

2.5 Door and Window Industry

In 2009, the output value of China's wooden doors reached 60 billion yuan, an increase of 20% over 2008. From 2004 to now, the output of Chinese wooden doors has maintained a steady growth trend.

Output of Chinese Wooden Doors 2004-2009

Unit: 100 million yuan

From 2007 to 2009, the wooden door industry still maintained a growth rate of around 20%. Some floor manufacturers have also started to expand their product structure to produce wooden door products. For example, in early 2010, Shengxiangheya spent 200 million yuan to introduce a standardized production line from Europe, and the daily production of wooden doors. From 300 to 2000 sets.

Analysis of Revenue Structure of Main Wood Products in China

3.1 Flooring Industry

We learned from some floor agents in the building materials supermarket that the profits of various urban floor products will be different. They said that cities like Beijing have very low profits and no profits.

Through the floor companies, we learned that the production cost of Anxin raw materials accounted for approximately 70% of the floor price of the floor, and the proportion of raw material costs was relatively high. The average ex-factory price of flooring was approximately RMB 300/sq.m., and the retail price in the market was approximately RMB 350/. In square meters, circulation can produce about 50 yuan/m3 of value. Based on a rough calculation of this ratio, the floor production in 2009 was 364 million square meters, and the circulation link could generate a value of 18.2 billion baht.

3.2 Furniture Industry

The medium-sized furniture companies stated that the proportion of raw material costs to the ex-factory price is about 50%, and the proportion of raw material costs for large-scale enterprises is slightly lower. The specific figures are unknown.

A medium to high-end office furniture design company stated that their profits are also very low, mainly relying on volume to win profits, normal furniture sales, if 1 is a cost, sales companies need to spend 17% of tax points, 3-5% With the installation of transportation, 1% or more after-sales services, VAT can be deducted from input tax. Therefore, they stated that the sales price must be at least 1.3 to ensure capital preservation. This is still a case of relatively large sales. If the volume is small, sales of 1.5 will lose money. If the volume is very large, 1.2 can also be sold because of the large quantity of the factory. There will be rebates.

3.3 Wood-based panel industry

The wood-based panel industry is rather special. The sales of products are generally directly responsible for the factory, and there are very few agents involved. Most companies report that the product's profit is very low, mainly relying on volume. Taking fiberboard as an example, the input of raw materials for the production of 1 cubic meter fiberboard is about 500-900 Yuan, the production cost of the enterprise is about 1200-1400 Yuan, and the average sales profit of the enterprise is about 200 Yuan/cubic meter. The profit per particle board is about 5 yuan, and there are about 30-40 boards for 1 cubic meter. Therefore, the profit per cubic meter of chipboard is about 150-200 yuan, and the profit of plywood is relatively higher.

Outlook of Development of China's Wood Products Industry in 2011

4.1 Furniture Industry

In 2010, all furniture raw materials were involved in the global wave of price increases. The president of Asri Furniture, the largest furniture manufacturer in the United States, believes that the latest increase in raw material prices will affect the end market next year. Chinese furniture companies stated that if the price increase of raw materials continues until the beginning of next year, furniture companies will be greatly affected. It is possible that furniture companies will jointly raise the prices of their products.

According to statistics, only 31% of furniture sold in the United States is manufactured in the United States. Therefore, the United States still has to import furniture from China and Asia in the next 3-5 years to meet the needs of the domestic market. In addition to the recovery of the American furniture market, the international environment is also very beneficial to China's furniture exports, especially the second largest furniture exporter, Italy's furniture exports in 2009 fell by 50%, leaving a larger international market for Chinese furniture.

4.2 Flooring Industry

Low-carbon will become the focus of the flooring companies. At present, low-carbon has become the focus of major conference discussions and corporate publicity. Nature has asked the Rheinland organization to check the carbon emissions of the new laminate flooring and to improve the process and introduce a zero-carbon laminate flooring. Among the companies we interviewed, most companies also stated that they will formulate specific carbon verification plans and further reduce their carbon emissions. Although the specific progress of the company is still open to question, we can see that most companies have begun to pay attention to low carbon.

4.3 Wood-based panel industry

According to experts, from the perspective of the scale of development of the wood-based panel industry, in accordance with the layout of the "Rejuvenation Plan for the Forestry Industry", the output of the artificial board from 2010 to 2012 is stable at about 100 million m3. The development theme is structural adjustment and transformation and upgrading, that is, with the expansion. With the implementation of domestic demand policies and advances in production technology, the proportion of particleboard will increase, and the proportion of plywood will decline. At the same time, the proportion of large and medium-sized enterprises in the economic structure will increase.