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          2024 but remained sluggish which slowed construction and   Tariff rates on imported wood products adjusted
          manufacturing industries leading to a decline in demand for   China’s Tariff adjustment Plan for 2025 has been announced
          sawnwood.                                          and China will adjust the import tariff rates on certain goods
            China's sawnwood output  from domestic resources   as of 1 January 2025 in an effort to expand domestic demand

          increased and the level of self-sufficiency improved such that   and advance high-standard production.
          dependence on imported sawnwood declined. The output of   Provisional import tariffs lower than the most-favoured-
          China's sawnwood has shown a steady growth in recent years.   nation rates will be applied to 935 commodities as part of
            According to statistics from the National Bureau of Statistics,   the annual tariff adjustment plan. This plan will help increase
          China's sawnwood production was about 85 million cubic   the imports of quality products.
          metres in 2018 and this increased to about 90 million cubic   The tariff rates for imported wood products, including
          metres in 2019.                                    wood or bamboo charcoal, veneer, wood floor, fibreboard,
            Although sawnwood output fluctuated in 2020 as a result   plywood, wooden doors, wood formwork, wooden pallets,
          of the pandemic it remained at about 90 million cubic metres.   barrels and wooden tools, cork and cork products, bamboo

          Sawnwood production further increased to about 100 million   and rattan products have been adjusted.
          cubic metres in 2021 with economic recovery.          Under 24 free trade and preferential trade arrangements,
            China's sawnwood production reached about 110 million   conventional tariff rates will be applied to certain products from
          cubic metres, a record high in 2022. China's sawnwood   34 countries or regions in 2025 as part of China's efforts to
          production in 2023 is also as high as 80 million cubic metres.   expand its globally-oriented free trade areas.
            In addition, China has promoted the use of alternative   Among these, lower tariffs under the China-Maldives free
          materials and implemented the "bamboo instead of wood"   trade agreement, effective 1 January 2025, will eventually lead

          policy, reducing the demand for sawnwood.          to zero tariffs on nearly 96 percent of tariff lines.
            Another reason for the decline was that the price for   China will also continue to offer zero-tariff treatment on
          imported sawnwood rose.                            100 percent of tariff lines in 2025 to the 43 least developed
                                                             countries with which it has diplomatic relations in a bid to
          EU preliminary anti-dumping ruling on multilayer wood   support their development and foster mutual benefits.
          flooring
          It has been reported that the European Commission has, in   Particleboard production capacity to exceed 70 million
          an announcement on 15 January 2025, made a preliminary   It is forecast that total production capacity of particleboard
          anti-dumping ruling on Chinese multilayer wood flooring and

          imposed provisional anti-dumping duties.                                                            rawpixel.com
            Provisional anti-dumping duty for one company is 45.9
          percent, for five companies 42.3 percent, two companies is
          42.7 percent, for other enterprises the rate is 46.7 percent
          or 49.2 percent.
            The product involved has the EU CN (Combined Nomenclature)
          code HS4418 7500 but does not include bamboo panels or

          panels with at least a top layer of bamboo (wear resistant
          layer) and flooring with Mosaic panels.
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