VETAS.COM - El mundo de la madera y el mueble

In view of the rapid increase in production capacity over the past five years, forecasts are for production to increase at a much less rapid rate of only six per cent per year over the next five years. Production is projected to grow most strongly in Indonesia, India and Vietnam, but only from a small base in the case of India and Vietnam.
Consumption of particleboard in South Asia declined substantially between 1997 and 2000, following the Asian financial crisis. However, it increased strongly in the eight years to 2008, reaching an estimated 3.6 million cubic metres. In the past five years, consumption has increased by an estimated 12 per cent annually.
The strongest growth has been in Vietnam, where consumption increased by 36 per cent annually from a small base, and in Malaysia, where consumption increased by 22 per cent annually. Consumption is estimated to have increased by eight per cent annually in Indonesia, 11 per cent in India and 15 per cent in Thailand over the five years to 2008.
Consumption is projected to increase by at least eight per cent per annum in the region over the next five years. It is projected to exceed 5.2 million cubic metres by 2013, up by 44 per cent from the 3.6 million cubic metres consumed in 2008. The strongest percentage growth is projected to occur in India and Vietnam, where annual growth is expected to range between 14 and 16 per cent. In Indonesia and Malaysia annual growth is projected to be between eight and nine per cent, and in Thailand it is projected to average four per cent annually.
Most of the growth in consumption will result from strong demand for particleboard in the furniture manufacturing sector, although there will likely be increased use of particleboard for building construction and other uses such as musical instruments (speakers) as well.
Two of the five countries in the South Asian region, Malaysia and Thailand, are highly export oriented. Indonesia is also an exporter, but less so, partly because of the isolated location of many of the plants in Indonesia. India and Vietnam are highly import oriented, which is mainly a result of their lack of capacity to produce particleboard at a time of growing demand.