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Wood is difficult to import due to strong domestic demand

Issue date: January 26, 2021 14:10     Source: unknown     Author: admin     Click:

Since 2020, affected by the international epidemic situation, many materials such as wood, sponge and chemical industry have been affected coating Raw materials, iron, and even cartons are limited by the market, rising prices.

In particular, logs, solid wood and other materials have been more dependent on China's import products. However, with the continuous adjustment of policies, the prices of imported and exported timber and freight costs are rising, which brings great pressure to the domestic manufacturing industry.

Under such circumstances, the first to bear the brunt must be domestic woodwork furniture And flooring enterprises. With the promotion of China's environmental protection strategy, China's timber production has been showing a downward trend. According to the data collected, the wood output in 2013 was 84.385 million cubic meters, and it is estimated that China's wood production will drop to 58.598 million square meters by 2023.

With the development of the industry, wood market demand will continue to grow. According to the forecast, by 2020, China's timber demand will reach 800 million cubic meters, with a gap of about 200 million cubic meters. The gap accounts for about 25% of the total demand. It can be said that the paper industry and the household industry are very dependent on the import of wood raw materials.

According to the statistical data of the first half of 2020, the number of imported logs + sawn timber (log volume) was 47.8276 million cubic meters, a year-on-year decrease of 15.1%; The import value was 7.218 billion US dollars, a year-on-year decrease of 24.3%, and the average unit price was 151 US dollars / Li meter, down 10.9%.

The timber imports from Africa, Latin America and the United States all decreased by about 30%, and the fastest decline in Canada was 46%. In such a case, home furnishing enterprises, especially the board floor Class of enterprises in the use of materials to bear a lot of pressure.

In addition to the import problem, there will be price increases. According to our understanding, since 2020, the price of solid wood has been increased twice, sponge price has been increased 7 times, carton price has been increased 5 times, iron price has been increased 3 times, accessories price has been increased 2 times, sponge price has increased by more than 70% since sponge enterprises issued price increase notice, leather price has also been followed by a wave of raw material price rise in September.

Nearly 80% of the wood used in the home furnishing industry is imported. Currently, affected by the epidemic situation, the major foreign ports are closed; With the impact of domestic cost increase, supply gap and environmental protection storm, since the beginning of September, timber prices have been rising in a wide range.

According to the industry analysis, in view of the current global economic situation, if the inventory is fully digested, it will be more and more difficult to import wood from Thailand, Indonesia, Russia, the United States and other places, and the cost will also be higher and higher. The cost of labor, processing, logistics and other costs will be superimposed. It is estimated that the wood products will increase by more than 30%, or even double.

It is understood that the domestic manufacturing industry is in the current situation of "two ends in the outside world, large in and large out", many board and floor enterprises are planting forest land at home and abroad to obtain stable quality and supply of wood.

Other furniture enterprises also plan to go to Vietnam and other Southeast Asian countries to set up factories, in order to improve the overseas layout, but this also increases the test of enterprise operating costs and layout

As the epidemic situation in foreign countries has not been effectively controlled, logistics has been facing great challenges, such as warehouse explosion, transportation delay, rejection and other problems, the global freight market has been soaring. Factors such as poor container turnover indirectly increase shipping costs and reduce logistics efficiency.

It is understood that the original 20 days of shipping extended to 40 days, 40 days extended to more than 60 days, the original 50 days extended to 80 days. Now there are 30 days to go before the Spring Festival, but now it is difficult to get one box. The shipping cost has increased by 300%. The sea freight has risen from 1000 US dollars six weeks ago to more than 6000 US dollars. Now the futures price is hovering at a high level, which makes the cost of timber increase greatly.

It is estimated that in April and may 2021, domestic timber will be in high price and the shortage is very serious. The government has increased the land supply at the end of the year, which may lead to the phenomenon that the supply exceeds the demand.

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