Tiếng ViệtAt the current growth rate, it is forecast that the export turnover of wood and wood products in the first half of 2023 will decrease from 28% to 32% compared to the same period in 2022.
According to statistics of the General Department of Customs, it is estimated that in April 2023, the export turnover of wood and wood products reached 1.2 billion USD, up 5.5% compared to March 2023, but down 24 .5% compared to April 2022.
In which, the export turnover of wood products is estimated at 820 million USD, up 6% compared to March 2023, but down 28.2% compared to April 2022. In the first 4 months of 2023, the export turnover of wood and wood products is estimated at 4 billion USD, down 28.5% over the same period in 2022. In which, the export turnover of wood products is estimated at 2.6 billion USD, down 36.7% over the same period in 2022.
The sharp decline in exports of wood and wood products is due to the high global energy and input fuel prices, which have impacted the production costs of wood enterprises.
In addition, the inflation factor is still high, monetary policy has not been loosened, the world economy recovers slowly and the collapse of some banks in the world has certain impacts on the trend. tightening spending on purchasing non-essential products such as wood and wood products in some major markets such as the US and EU, causing a sharp drop in import demand. The reopening of China also creates a lot of competitive pressure on wood products and wood products, especially Vietnam’s wooden furniture group.
In addition, trade remedies between countries have many complicated developments. The wood industry faces plywood lawsuits and investigations into the US market for kitchen cabinets and vanities. While the export of wood products, especially wooden furniture, of Vietnam depends largely on the operation of this industry. Currently, there is no signal that the industry will prosper in 2023.
Along with that, wood industry enterprises still have difficulty in accessing capital, bank interest rates and input costs are still high. Many businesses are still in a shortage of orders due to weak demand from main consumption markets. Therefore, businesses still have to find all ways to maintain production and retain workers to wait for the situation to improve.
At the current growth rate, it is forecast that the export turnover of wood and wood products in the first half of 2023 will decrease from 28% to 32% compared to the same period in 2022.
In the coming time, the world situation is still complicated, so businesses need to actively seek to expand the market and improve their competitiveness, focusing on the criteria that the product price must be good. products must be suitable for tastes, products must be of good quality and have a good after-sales policy. Along with that is restructuring and reorganizing production of enterprises, focusing on technological innovation, perfecting the production management system, improving the efficiency and quality of human resources. To step up the production of products using domestic raw materials to reduce costs and improve the competitiveness of products.
