Average FOB price of Chinese exported plywood to the US and Europe increased in 2014

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Plywood exports continued to climb in 2014 and reached 13.22 million cu.m valued at US$5.8 billion, up 29% in volume and 15% in value from 2013.

The main export markets were the USA (13%), Japan (6%), the UK (6%), South Korea (5%), the United Arab Emirates (5%), Philippines (5%) and Saudi Arabia (5%).

The average FOB unit price for China's export plywood to the US and Europe increased in 2014 as more decorative plywood was shipped however, the average FOB unit price for China's plywood exported to Japan, UAE and Saudi Arabia fell.

Average FOB unit prices for export plywood

Destination 2014 US$/cu.m 2013 US$/cu.m Change % 2013-14
US 764 733 +4.2%
Japan 498 527 -5.5%
UK 489 458 +6.8%
South Korea 390 361 +8%
UAE 367 387 -5.2%
Philippines 429 392 +9.4%
Saudi Arabia 309 353 -12.5%

Source: China Customs

  2014 000's cu.m

2013 000's cu.m

Change % 2013-14 Proportion % in 2014
Total 1322 1026 29%  
Shandong 556 484 15% 42%
Jiangsu 327 281 16% 25%
Guangdong 63 56 13% 4.8%
Guangxi 61 57 7% 4.6%
Zheijang 41 43 -5% 3%
Jilin 27 24 135 2%
Anhui 19 18 5% 1.4%
Liaoning 18 14 29% 1.3%
Shanghai 13 13 0% 1%
Hebei 10 11 -9% 0.8%
Subtotal 1135 1001    

Source: China Customs

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