China’s Fibreboard Industry Continued To Decline In 2023

According to statistics from the Academy of Industry Development and Planning under the National Forestry and Grassland Administration and the China Forestry Products Industry Association (CFPIA), both the number of enterprises and production capacity of China’s fibreboard industry continued to decline in 2023.

There were more than 278 fibreboard manufacturing enterprises (down 19% year on year) at the end of 2023 with a production capacity of 46 million cubic metres, down 4 percent over 2022. Shandong Province was the largest in terms of fibreboard production capacity at 6.4 million cubic metres exceeding Guangxi Zhuang Autonomous Region in 2023 but down 5 percent over 2022.

Guangxi Zhuang Autonomous Region’s production capacity dropped 15 percent to 5.9 million cubic metres, dropping from the top production ranking for the first time but still accounting for 13 percent of the national total.

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