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Tag: China

Sharp decline in China’s plywood and wood furniture exports; wooden doors rose in output value in 2019

18-05-2020
China, plywood, furniture, wooden doors, exports, 1Q 2020, coronavirus

According to China Customs, in the first quarter of 2020, China’s plywood exports were 1.85 million cubic metres valued at US$787.6 million, a drop of 85% and 82% respectively over the same period in 2019, reported ITTO. The main markets for plywood exports in the first quarter were the Philippines (131,000 cu.m), UK (129,000 cu.m), Japan …

China’s housing sales in Q1 2020 down 8 percent but sees steady revival in March

04-05-2020
China, housing market, furniture retail, property sales, revival, coronavirus, Q1 2020

In a press release, China's National Bureau of Statistics reports that in the first quarter 2020, investment in real estate dropped almost 8 percent year on year. However, China’s residential housing market began a steady revival in March as real estate companies reopened across the country following the easing of the nationwide shutdown, …

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