Vietnam Wood Industry
The global wood processing market is expected to increase from US $ 283 billion in 2012 to US $ 531 billion in 2020 with an annual growth of 9.2%. Asia is the region
Largest in wood processing market in terms of consumption in 2017, accounting for 55% market share. This could be due to the high demand for wooden products, driven by one
Large numbers of middle class and disposable income are increasing in countries like China and India.
In 2019, the concentrated forestation area was estimated to reach 273.6 thousand hectares, down 4.5% from the previous year. In 2019, the total import value of raw wood is estimated at 1.96 billion USD, up 3.5% compared to 2018. In which, the import turnover of logs and sawn timber is 635.7 and 966.3 million USD, respectively.
In 2019, wood chip production is estimated at 7,275 thousand tons, up 13% compared to 2018. In 2019, the production of artificial boards (including plywood, veneer, and wood has been increased). snakes, plywood from wood and similar materials) is estimated at 6,422 thousand m³, almost unchanged compared to 2018. In 2019, the production of wooden furniture products is estimated at 110.4 million pieces,.
The global wood processing market is expected to increase from US $ 283 billion in 2012 to US $ 531 billion in 2020 with an annual growth of 9.2%. Asia is the region
Largest in wood processing market in terms of consumption in 2017, accounting for 55% market share. This could be due to the high demand for wooden products, driven by one
Large numbers of middle class and disposable income are increasing in countries like China and India.
In 2019, the concentrated forestation area was estimated to reach 273.6 thousand hectares, down 4.5% from the previous year. In 2019, the total import value of raw wood is estimated at 1.96 billion USD, up 3.5% compared to 2018. In which, the import turnover of logs and sawn timber is 635.7 and 966.3 million USD, respectively.
In 2019, wood chip production is estimated at 7,275 thousand tons, up 13% compared to 2018. In 2019, the production of artificial boards (including plywood, veneer, and wood has been increased). snakes, plywood from wood and similar materials) is estimated at 6,422 thousand m³, almost unchanged compared to 2018. In 2019, the production of wooden furniture products is estimated at 110.4 million pieces,.
Table of Contents
AbbreviationExecutive summary
1. Business environment
2. World wood market Market overview
3. Vietnam wood market
4. Enterprise analysis
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Wanek furniture Co,. Ltd
- Viet Nam Nitori production Co
- Shing Mark Vina Co,. Ltd
- An Cuong wood JSC
- MDF VRG DONGWHA Wood JSC
- Viet Nam San Lim Furniture Co,. Ltd
- Viet Nam Woodwoth Wooden Co, Ltd
- ROCHDALE SPEARS Co,. Ltd
- Viet Nam POH HUAT JSC
- Timber Industries Co,. Ltd
Methodology
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