Source: ITTO's Tropical Timber Market Report

 
                                         

China's wooden flooring industry gains healthy growth

According to Zhang Senlin, head of China National Forest Products Industry Association, there were 3,000 wooden flooring enterprises in China in 2005 with one million employees in production, distribution and service activities. The output value of China's wooden flooring was about 45 billion yuan ($5.63 billion) or 292 million m2 in 2005, up 18% from 2004. Of this total, solid composite flooring accounted for 46 million m2 (up 40%), laminated flooring grew 190 million m2 (up 20%), bamboo flooring 6 million m2 (up 20%) and solid flooring 50 million m2 (down 30%).

Mr. Senlin expected China's wooden flooring industry to develop rapidly in the next five years. The development goal of the industry is to achieve a production of 500 million m2 by 2010, 40% of which will be for the export market.

 
 
China's wooden flooring trade (million m2)

 

Taiwan PoC owns world's largest furniture factories

According to Chen Qiu of the Taiwan Furniture Manufacturers Association, 300 members of the association distributed across Asia have an aggregate annual output of above $15 billion, more than any other country in the world. Mr. Qiu affirmed that Taiwanese manufacturers accounted for about 50% of China's furniture exports of $14 billion and 90% of Vietnamese $1 billion furniture exports in 2005. Taiwan PoC's furniture exports were around $1.3 billion that year.

Most of the furniture manufactured by Taiwanese firms was shipped to the USA. Mr. Qiu added that Taiwan PoC held a share of one-sixth of the US furniture market estimated at $60 billion and accounted for above 20% of the European market in 2005. Taiwan PoC's Taisheng Furniture Company in Dongguan City, Guangdong Province is the largest wooden furniture factory in the world, exporting 30,000 sets of furniture in 3,000 containers a month to the USA.

 
 
 
 

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