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market









for January to March



Export Value of dowel (20%), particle board (22%), logs (28%) and

laminated board flooring (39%). Significant growth
Logs & Timber in the export value were however, recorded for block
board (100%), sawn timber (31%), veneer (16%),
Products fibreboard (8%), and woodchips (3%).



Plywood contributed 52% or RM741 million to
The first quarter of 2017 saw the accumulated export the overall export revenue. This was followed by
value of logs and timber products decreased by 12% logs (22% or RM307 million) and sawn timber
to RM1.4 billion against RM1.6 billion during the (14% or RM196 million). These export items
corresponding period in 2016. contributed 87% to the total export value
of logs and timber products for the first
This was attributed by the decline in export value quarter of 2017. (Table 1)
for moulding (2%), plywood (6%), veneer (14%),






Logs





For the first quarter of 2017, the export volume of logs dropped by
16% to 573,000 m³. Similarly, the export value also dropped by 29%
to RM307 million compared to the previous year.

Indonesia, the number one importer of logs from Sarawak
accounted for 262,000 m³ worth RM45 million. This was
followed by India at 233,000 m³ to RM202 million and
Vietnam at 33,464 m³ to RM 23 million.


Export volume to Indonesia plunged by 59%. Order
from India and Vietnam however, soared by 42% and
0.2% respectively compared to the previous year.

The average FOB unit value dropped by15% to
RM536 per m³ in 2017 from RM634 per m³ in
the previous year. (Table 2)
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