Malaysian timber industry continues to grow during pandemic, exports up 3.1pc in 2021 | Malay Mail

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KUALA LUMPUR, Feb 10 — Malaysian timber industry continued to perform well despite the Covid-19 pandemic and its associated economic fallout, with exports recording a growth of 3.1 per cent to RM22.70 billion in 2021 from RM22.02 billion in the previous year. The Malaysian Timber Council (MTC)...

Thursday, 10 Feb 2022 07:07 PM MYT

The Malaysian Timber Council said plywood was ranked top in terms of export value which together with wooden furniture, sawn timber and builders joinery and carpentry contributed more than half of the total exports. “There was a surge in demand for Malaysian plywood in Japan and the United States in 2021,” chairman Norrida Yusoff said in a statement today.She also said that Malaysia’s export of wooden furniture to the US, which is the largest export market, remained moderate.

“MTC has introduced many programmes since 2020 to help the industry overcome the more pressing challenges especially by providing incentives, which also include catering to technological advancements that help increase the use of resources efficiently in all aspects apart from defraying sea freight charges,” she added.

 

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