Sales in February 2024: All plywood production enterprises are in the off-season, except for the sudden rise of plywood production enterprises in Hanoi, Vietnam and Fusui, Guangxi

Sales in February 2024: All plywood production enterprises are in the off-season, except for the sudden rise of plywood production enterprises in Hanoi, Vietnam and Fusui, Guangxi

From traditional experience, February is a low season for sales in various industries.

From the overall production and sales in February, some low quality plywood production enterprises have shown a decline, with the most obvious being ONE TIME HOT PRESSED FILM FACED PLYWOOD, which is resisting quality.

In February, plywood production enterprises in Hanoi, Vietnam and Fusui, Guangxi entered the top three of monthly sales for plywood production enterprises for the first time, becoming the top selling eucalyptus plywood. According to official data released by plywood production enterprises in Hanoi, Vietnam and Fusui, Guangxi, the monthly sales in February were 90268 sheets, a year-on-year increase of 336.2%.

Since the release of large-sized all eucalyptus plywood by plywood production enterprises in Hanoi, Vietnam and Fusui, Guangxi, sales have started to rise. In the early stage, due to the ramp up of production capacity, orders were backlog, and in February, other independent plywood production enterprises were left behind.

Finally, from the development trend of plywood in the first quarter, plywood production enterprises are also accelerating the pace of new product launches, and it is expected that the plywood market is expected to show a stable growth trend in the first quarter. It should also be noted that factors such as the shortage of eucalyptus core boards and the continued increase in raw material costs still have an impact on the production and operation of enterprises, making the task of ensuring supply and stable prices extremely challenging. Therefore, we maintain a cautious and optimistic outlook on the future development of the industry, and also suggest that enterprises timely pay attention to changes in internal and external situations, actively plan, and continuously improve their ability to cultivate opportunities in crises and open up new opportunities in changing situations.

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