Where Is The Breakthrough in The Domestic Rubber Wood Market

Dec 22, 2021

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In recent years, due to the continuous changes in the downstream consumer market and the continuous impact of the epidemic, the pace of structural adjustment of the demand-led industry has been accelerating. Especially in 2021, affected by factors such as the epidemic, property market regulation, and rising factor costs, domestic timber The market moves ups and downs.


Rubberwood is the most demanded hardwood species in the market. With the acceleration of the adjustment of the industry structure, the market has begun to shift from scale efficiency to efficiency priority. In the process of this conversion, participants in the entire industry chain are facing huge Challenges and market operating pressures are unprecedented.


Judging from the investigation and understanding of China Timber Price Index Net and Timber Kingdom reporters, the import volume of rubberwood gave the most direct response to the market shift. According to industry data, in the past two years, the import volume of Thai rubberwood in Guangdong has been maintained at 7000-8000 containers/month, but after entering 2021, under the disturbance of the global epidemic, weak real estate, and other factors, domestic timber consumption power has been significantly weakened, The import volume of rubberwood market also declined, with a drop of 20-30%.

As we all know, rubberwood has a wide range of applications, mainly in fields such as beds, wooden doors, dining tables, and sanitary ware. During the period from 2013 to 2018, the domestic property market, hotel, and other industries developed rapidly, which led to the "spring" of furniture, bathroom, and other industries, and the market demand for rubberwood continued to rise.


But all this is due to the accelerated adjustment of the industry structure, which has led to the weakening of the market advantage. The application scope of rubberwood has also undergone tremendous changes. In the past, rubberwood that has been mixed in bathrooms, dining tables, wooden doors,s, and other fields has been continuously suffered. With the erosion of custom home furnishings (man-made panels), market demand continues to shrink. Businesses reported that sanitary ware, dining tables, wooden doors, and sofas are the main demand end of rubberwood, accounting for more than 70% of the market demand for rubberwood. However, in recent years, the shrinking market demand for sanitary ware and other products has brought a huge impact on the rubberwood industry. The result presented is that the production capacity of rubberwood panel plants has shrunk, the demand for rubberwood has fallen, prices have fallen, and profits have been continuously compressed. Days are getting sadder and sadder and even forced to close down.