Global Plywood IndustryGlobal Plywood Market to Reach US$84. 5 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Plywood estimated at US$49. 7 Billion in the year 2020, is projected to reach a revised size of US$84
Global Plywood IndustryGlobal Plywood Market to Reach US$84. 5 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Plywood estimated at US$49. 7 Billion in the year 2020, is projected to reach a revised size of US$84.
July 17, 2020 00:36 ET | Source: ReportLinker
New York, July 17, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Plywood Industry" - https://www.reportlinker.com/p092568/?utm_source=GNW 5 Billion by 2027, growing at a CAGR of 7.9% over the period 2020-2027.Hardwood, one of the segments analyzed in the report, is projected to grow at a 8.2% CAGR to reach US$58.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Softwood segment is readjusted to a revised 7.3% CAGR for the next 7-year period. This segment currently accounts for a 31.6% share of the global Plywood market.
The U.S. Accounts for Over 26.8% of Global Market Size in 2020, While China is Forecast to Grow at a 13.8% CAGR for the Period of 2020-2027 The Plywood market in the U.S. is estimated at US$13.3 Billion in the year 2020. The country currently accounts for a 26.84% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$21.6 Billion in the year 2027 trailing a CAGR of 13.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 6.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR while Rest of European market (as defined in the study) will reach US$21.6 Billion by the year 2027.We bring years of research experience to this 20th edition of our report. The 339-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
-Competitors identified in this market include, among others,
“ On March 15th, the palm oil market hit at RM4,138 a tonne the highest level since March 2008, due to strong demand and lower output following Malaysia’s February figures.“
Palm oil price at 13 year high.. when will market forces realise haha... a few months ago, metal prices were up, all chased after steel counters ... might see a palm oil rally?
This company...is controlled by the tiong family from Sarawak....rimbunan hijau...jayatiasa...suburtiasa.. Jayatiasa moved from a low of 20sens to RM1... Suburtiasa has moved from 40 to 90.....now hovering around 75......palm oil prices have jumped so high...timber also moving up....on friday shchan almost limit up.....woodlan too traded high... We are probably looking at the next theme...in this market...if u look through the shareholding...subur has already bought back close to 20.9million share buy back...thats 10%...most of these were purchased between RM1.50 and RM2.50.....now 75sens... Its another lelong lelong lelong stock...like khind bhd.. Subur also has an nta above RM2.... Number if shares only 209million and mostly tightly held.. The tiong family is very diversified...all they have to do is pump a profitable business into Subur....while waiting for commodities to rise further...at these prices..Subur is a bargain......lets c how... All the best...dont play contra...dont burn your fingers..
Price of log is going up and furniture business booming bus Subur timber division is losing money every quarter. Why ?? Can anyone help to explain, please.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yuefei01
152 posts
Posted by yuefei01 > 2015-03-05 20:28 | Report Abuse
share buy back 1 lot everyday. What the hell is the management doing?