Source: vneconomy.vn
Citing data from the General Department of Customs, Vifores Timber and Forest Products Association, said that the export turnover of wood and wood products in April 2022 reached 1.5 billion USD, up 7.3% compared to April / 2020. 2021.
In the structure of exported wood and wood products, the export turnover of wood products in April 2022 is estimated at 1.13 billion USD, up 6.4% compared to April 2021.
THE US IS STILL THE BIGGEST WOODEN EXPORT MARKET OF VIETNAM
The numbers of export results in April are very encouraging, because according to statistics from the General Department of Customs, wooden furniture exports in March 2022 decreased by 5.9% compared to March. 2021.
In the first quarter of 2022, the export value of wood and wood products reached USD 3.94 billion, up 3% over the same period in 2021. In which, export of wood products reached USD 2.97 billion, down 0.5 % compared to the same period last year.
With export growth higher than 7% in April 2022, of which wooden furniture exports increased by 6.4%, the total export value in the first 4 months of the year regained growth. Specifically, in the first 4 months of 2022, the export of wood products reached 4.14 billion USD, up 2.9% over the same period in 2021. Including the export of wood and wood products, reached 5.48 billion USD. , up 4.9% over the same period last year.
According to Vifores, it is worth mentioning that, in the past 4 months, the export market of wood products is very sustainable and reputable. In particular, the US continues to be the largest export market of Vietnam’s wooden furniture.
Specifically, the export turnover of wood and wood products to the US market in April 2022 was estimated at 895 million USD, up 8.7% over the same period last year. In the first 4 months of 2022, the export turnover of wood and wood products to the US market is estimated at 3.3 billion USD, up 5.4% over the same period in 2021 and accounting for 60.4% of the total export turnover. wood and wood products imports from Vietnam.
Talking about these results, Mr. Do Xuan Lap, President of Vifores said: “In the context of the Russia-Ukraine conflict not yet recovered, the price of raw materials and sea freight costs continuously “escalated”, the wood industry “escalated”. have found all solutions to reduce production costs. At the same time, wood industry enterprises have launched a series of anti-commercial fraud solutions, restructuring directly into the world’s high-traction products such as living rooms, kitchens, bathrooms and many other products. other intermediaries to improve the competitiveness of Vietnamese wood”.
LOOK THE “BUTTON BUTTON” TO COMPLETE THE OBJECTIVE
According to Mr. Do Xuan Lap, the current trend of exporting wood and wood products is focusing on high value-added items such as wooden frame chairs, living room and dining room furniture, bedroom furniture… These are all strong Vietnamese products.
In the current situation, although wood industry enterprises still face many difficulties, such as labor shortage, the price of wood materials continues to increase, but enterprises still have to continue to produce because orders have been placed. before.
“Currently, most of the wood industry enterprises have received orders until the end of the third quarter and even the end of 2022. With positive results achieved in the first months of 2022, the export of wood and products is forecasted. Vietnam’s timber in the first half of 2022 will increase by 5-8% over the same period in 2021.
Mr. Do Xuan Lap, Chairman of Vifores
The main factors that promote the wood industry to continue to grow positively in the coming time are: Vietnam’s wood enterprises have many advantages compared to wood furniture exporting countries, because China does not encourage the development of wooden furniture, and fees increase.
While Italy, Germany and other developed countries are reducing production due to the effects of recession and high costs, as timber supply is limited by the armed conflict between Russia and Ukraine.
In addition, maintaining and expanding export market share, actively promoting trade in wood and wood products in major markets such as the US, Japan, Korea, EU, China and expanding new markets. has great potential and effectively implements Free Trade Agreements (FTAs) between Vietnam and countries around the world.
According to Vifores, at this time, the Covid-19 pandemic has gradually been “settled” in most countries, offices and offices have reopened. Therefore, the item that is in high demand in the coming months is office furniture.
Asia-Pacific is the main manufacturing region, accounting for 52% of the world office furniture production market share, followed by North America with 24%, Europe in third with 19% of total production worldwide. world.
After decreasing 10% in 2020 due to the impact of the Covid-19 pandemic, by 2021, global office furniture production will reach 52 billion USD, up 10% compared to 2020.
The office furniture segment has very positive prospects, however, Vietnam’s office furniture production has not focused on this segment. Therefore, Vietnam’s office furniture export turnover still accounts for a low proportion in the world market. Therefore, this time will be an opportunity for exporters of this item to exploit and promote exports in the near future.
