The rapid growth of China's economy has become a strong traction force to promote the demand of plywood market; in north China, east China and the middle and lower reaches of the Yangtze River, large numbers of timber from fast-growing forests are pouring into the market, as well as the continuous replenishment of high-quality hardwood in foreign countries, providing abundant raw materials It is also an important factor to develop the cost accounting of plywood industry in China compared to other plywood producing countries. The quality of plywood products in China has also been greatly improved and become more competitive in the international market. China is not only a major exporter of plywood, but also the world's largest plywood producer.
2006 1-December, China's plywood manufacturing industry to achieve cumulative industrial output value of 75,819,437,000 yuan, increased by 39.83% over the same period of 2005, to achieve cumulative product sales revenue of 72,163,513,000 yuan, increased by 39.25% over the period of 2005; Total cumulative profit amounted to 3,198,494,000 yuan, a 60.41% increase from the same period in 2005.
2007 1-November, China's plywood manufacturing industry to achieve cumulative industrial output value of 101,828,484 thousand yuan, an increase of 48.27% than the same period last year, to achieve cumulative sales revenue of 96,534,099 thousand yuan, year-on-year growth of 48.87%; Total cumulative profit of 4, 732,364 trillion yuan, up 70.26% from a year earlier.
Although China Plywood has developed rapidly, it still encounters anti-dumping complaints from the EU and some other importing countries, so China's plywood enterprises and industry organizations must strengthen communication with importers, strengthen self-discipline of enterprises and standardize export operation order. With the expansion of China's infrastructure construction and the strengthening of the development of the Midwest, the market potential of plywood is enormous.