Industry Analysis & Industry Trends
China's increasing urbanization rate, which jumped from 45.7% in 2008 to 54.8% in 2014, has bolstered demand for construction wood, wood for decoration and wood furniture over the past five years. The rapid development of transportation infrastructure also raised demand for special timbers and sleepers. These factors have benefited the Sawmill industry, causing industry revenue to increase at an annualized 11.5% over the five years to 2015, reaching $13.1 billion.
Due to inadequate supply, low quality and an uneven distribution of Chinese forest resources, demand for industry products surpasses supply. Therefore, an increasing number of timbers and sleepers satisfied market demand over the five-year period. In the five years to 2015, imports are estimated to increase 16.7%.... purchase to read more
Industry Report - Industry Locations Chapter
Jilin province is estimated to capture the largest share of total revenue, enterprises and employment in 2015, 18.0%, at 14.1% and 20.0% respectively. Due to its geographic advantage and government assistance, the industry has been developing rapidly in Jilin.
Jilin is situated near the Changbai Mountains and abounds in natural forests. Its proximity to supply of materials helps to contain transportation costs. The Jilin government also promotes technology applications like numerical control projects for timber processing machines, and encourages advanced logging and processing technology to achieve cost leadership... purchase to read more