Global Plywood Industry Suffering Due to U.S.-China Trade War

Sterling, VA, September 20, 2019-The global plywood industry has been negatively affected by the U.S.-China trade war and the slowdown of China's economy, reports the Decorative Hardwoods Association. 

China uses 64% of world’s total consumption of plywood at 101 million cubic meters, six times higher than the U.S., which is the world's second-largest consumer of plywood at 16 million cubic meters.