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        2. Your Position: Home > News > Industry News

          Chinese demand for US hardwood soars to $1.53b

          2016/4/13      view:



          Chinese demand for US hardwood soars to $1.53b


          TheexportvalueofUnitedStateshardwoodtoChinajumped34percentyear-on-yearin2014asthecountryincreaseditsdemandformoresustainablysourcedmaterialsforitsurbanizationprogramandforenvironmentalprojects.

          ThevalueofUShardwoodproductssoldintoChinareached$1.53billionlastyear,accordingtodatafromtheforeignagriculturalserviceoftheUSDepartmentofAgriculture.

          Themostpopulartimberwasredoak,tulipwoodandash,mainlyforfurniture,veneers,flooring,anddecorativeplywoods.Themarketnowaccountsfor42.6percentoftotalexportvolumeofUShardwoods,byfartheworld'slargestsinglecustomer.

          ChinesedemandforUSwoodhadbeenfocusedonthelargepopulationcentersalongthecoast-citiessuchasShanghai,Guangzhou,TianjinandBeijing-withconsiderableamountsthenre-exportedasmanufacturedgoods,aswellasconsumedlocally.

          Thefiguresshowedthatthenationshippedfurnitureworth$54billiontotheglobalmarketlastyear.

          ButMikeSnow,executivedirectoroftheAmericanHardwoodExportCouncil,saidChina'sbiggestcitiesawayfromtheeastcoast-suchasChongqing,Sichuanprovince'scapitalChengduandthecapitalofHubeiprovinceWuhan-whichweretraditionallylesswell-equippedtoprocesstimber,arenowofferingtheUSindustrytremendousopportunities.

          "Allthenewhomes,hotels,shoppingcenters,restaurantsandofficeblocksbeingbuiltneedflooring,cabinetry,doorsandwindows,aswellasbuildingmaterialsmadeusingwoodproducts,"saidSnow. "Thepotentialisimmense."

          HeadquarteredinWashingtonDC,thecouncilisanonprofittradeassociationrepresentingover100UShardwoodexportersandtradeassociations.

          JohnChan,itsregionaldirectorforChinaandSoutheastAsia,saidbeforethe2008globalfinancialcrisis,muchofthewoodboughtbyChinawasre-exportedintheformoffurniture,flooringorotherfinishedproducts.

          FollowingthecollapseoftheUShousingmarketandothersinEurope,however,manyChinesemanufacturershavebeenlookingdomesticallyforsales.

          "TheresulthasbeeneverhigherdemandforUShardwood,"Chansaid.

          "RisingwagesinChinahavecreatedanexplodingmiddleclass,andnew,additionaldemandforUShardwoodproducts."

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