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30    FOCUS                                                                       JUL/AUG 2025 FDM ASIA | www.fdmasia.com






         Vermont Woods Studios                               of furniture and parts amounted to 155.88 billion yuan, down
                                                             78 percent year-on-year.
                                                                The top three export destinations were the United States
                                                             (-9% year-on-year), the United Kingdom (+6%) and Japan (-4%).

                                                                Recently, the Wooden Doors & Windows Committee
                                                             under China Timber & Wood Products Distribution Association
                                                             released China’s’ Wooden Door Industry Report 2024’ which
                                                             indicated that Malaysia had ranked among the top ten export
                                                             destinations for China's wooden door products for the first
                                                             time in the past three years.
          and ceilings due to its excellent water and moisture resistance   US petition filed - countervailing duties on imports of
          and environmental friendliness.                    hardwood and decorative plywood
            China’s particleboard imports from Germany, Romania and   It has been reported that the Coalition for Fair Trade in

          Poland rose 16 percent, 17 percent and over 100 percent   Hardwood Plywood recently filed a petition for the imposition of
          respectively in the first quarter of 2025 benefiting from China-  antidumping duties on the imports of hardwood and decorative
          Europe freight train transportation.               plywood from China as well as Indonesia and Vietnam.
                                                                The petition alleges dumping margins of 474.2 percent
          China – Global Timber Index                        from China, 202.8 percent from Indonesia and 112.33 percent
          Recently, China’s National Forestry and Grassland Administration   to 133.72 percent from Vietnam.
          and the National Development and Reform Commission    The complaint particularly points out that the manufacturing

          jointly issued the "National Reserve Forest Development   enterprises in the three countries have gained unfair competitive
          Implementation Plan (2025–2028).                   advantages through policies such as government subsidies,
            The plan focuses on 14 Provinces, Autonomous Regions   tax reductions and preferential loans.
          and Municipalities including Fujian and Guangxi to promote the   Analysts believe that if the US Department of Commerce
          afforestation of national reserve forests and the development   eventually rules to impose punitive tariffs it may reshape the
          of related industries and supporting infrastructure as well as   global plywood trade pattern.
          to enhance the capacity for cultivating, storing and producing
          high-quality timber.                               Rise in wood-based panel machinery exports
            From January to April, China's cumulative wood imports   The production of machinery for manufacturing wood-based

          amounted to 13.91 million cubic metres a decrease of 11   panels in China has improved in recent years.
          percent compared to the same period in 2024 and the import   The total import and export value of machinery for wood-
          value reached US$3.9 billion, down 14 percent year-on-year.   based panel  production  in  the first  quarter  of  2025  was
            Specifically, imports of logs declined by 12 percent to   US$103 million, increasing by 11 percent year-on-year. Of
          11 million cubic metres with the average price falling by 4   the total, the export value was US$99 million, up 13 percent
          percent year-on-year. Imports of sawnwood also decreased by   year-on-year. In contrast, the import value, a year-on-year
          12 percent to 8.25 million cubic metres with prices remaining   decrease of 27 percent.

          essentially flat compared to the same period last year.   The total import and export value of major forest machinery
            During the same period China's cumulative export value   products in China was US$5.052 billion in the first quarter of
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