At a press conference held by China’s Ministry of Natural Resources it was reported that in the first quarter of 2025 China's wood production reached 25.1741 million cubic metres marking an increase of 8% year-on-year.
According to customs data, from January to March 2025 China’s cumulative import volume of logs and sawnwood was 13.906 million cubic metres, down by 11% compared to the same period last year and the import value was approximately 20.5 billion yuan, a decrease of 9% year-on-year.
During the same period, China’s export value of furniture and parts earned 114.46 billion yuan marking a decline of 7% compared to the same period in 2024.
April GTI-China index
In April 2025 the GTI-China index registered 54%, a decrease of 4.0 percentage points from the previous month and has been above the critical value (50%) for 2 consecutive months indicating that the business prosperity of timber enterprises represented by the GTI-China index expanded from the previous month.
In April China's timber market was at the traditional peak season and the timber sector was generally on an upward trend with production volume and both domestic and international orders continued to rise.
As for the twelve sub-indices, ten indices (production, new orders, export orders, existing orders, inventory of finished products, purchase quantity, purchase price, employees, delivery time and market expectations) were all above the critical value of 50%, while the remaining two indices (imports and inventory of main raw materials) were below the critical value.
Compared to the previous month the indices for export orders, inventory of finished products and delivery time increased and the indices for production, new orders, existing orders, purchase quantity, purchase price, imports, inventory of main raw materials, employees and market expectation declined.