By 2025, the export volume of plywood products in China will reach a new high in nearly 10 years, and the product structure will continue to be optimized; The import market has undergone structural adjustment, but the concentration of import sources is too high, which poses certain supply risks. China's plywood import and export trade is facing new opportunities and challenges.
The export volume of plywood has shown an overall upward trend in the past 10 years, with an average annual growth rate of about 2%.
In 2024, plywood exports entered a growth channel, with an export volume of 13.1515 million cubic meters, a year-on-year increase of 22.8%.
In 2025, the export volume will reach a new high of 13.5728 million tons in nearly 10 years, with a year-on-year growth of 3.2%.
The export value of plywood products shows a similar fluctuation trend, with an increase in export volume but a decrease of 1.9% in export value, indicating a decrease in export unit price, reflecting market competition or cost pressure.
The structural characteristics of China's exported plywood products are significant, presenting a large and small pattern, with ordinary plywood driving the overall export scale.
In the past two years, the annual export volume of ordinary plywood has exceeded 10 million cubic meters. In 2025, the export volume will be 12.6847 million cubic meters, a slight increase year-on-year, accounting for 93.46% of the total export volume, with a slight decrease in proportion.
The export volume of bamboo plywood has grown the fastest, while the growth of particleboard has been steady. Although ordinary plywood still dominates, the combined proportion of particleboard, laminated veneer lumber, and bamboo plywood has increased from 5.53% in 2024 to 6.54% in 2025, and the structure is gradually being optimized.
The export unit price fluctuation of ordinary plywood and laminated veneer lumber is relatively small, forming a relatively stable export price. The export unit price of particleboard and bamboo plywood is relatively high, but the export unit price will decrease significantly in 2025, which may squeeze profit margins. We need to be vigilant about the risk of low price competition.
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Strategic Material Planning