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August 29, 2019

Global plywood industry is in the process of transformation and upgrading

Given China's economic slowdown and tight supply of wood fiber, Asian production and consumption growth cannot continue to grow at the current rate. North American supplies are roughly matched to demand. However, both situations inevitably change. So what is the future of the industry in these two regions and the rest of the world? What will be the future update?

Consumers have long believed that plywood is a unique product because its strength and appearance properties are not easily replicated. Balancing supply and consumption in North America and continuing to increase sales elsewhere will depend on many factors. The general economic situation, including the relative strength of the US dollar, will remain the main factor.

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