The average growth in the value of retail sales of commodities in 2017 was 8.2% but sales of furniture exceeded the average rate and sales of \u2018redwood\u2019 furniture represented the fastest growth.<\/p>\n
Chinese \u2018redwood\u2019 log imports totaled 990,000 cubic metres valued at US$914 million in 2017, up 24% in volume and 12% in value. Around 45% of Chinese \u2018redwood\u2019 log imports were from Nigeria in 2017 despite the log export ban and were worth US$329 million.<\/span><\/p>\n In addition, Gambia, Laos and Ghana are also suppliers of Chinese \u2018redwood\u2019 log imports in 2017.<\/p>\n Chinese \u2018redwood\u2019 sawnwood imports amounted to 150,000 cubic metres valued at US$210 million in 2017, surging 83% in volume and 66% in value. Some 37% of Chinese \u2018redwood\u2019 sawnwood imports were from Indonesia in 2017 and were worth US$100 million, a year on year increase of 68%. In addition, Laos, Nigeria and Benin were also significant suppliers of sawn \u2018redwood\u2019.<\/p>\n Imported \u2018redwood\u2019 is used in furniture making. \u2018redwood\u2019 furniture has developed rapidly. Before 2014 annual value of production of \u2018redwood\u2019 furniture in China was about US$46 billion. But after a temporary decline (the value of \u2018redwood\u2019 furniture production in Beijing alone fell 40% in 2015) it began to recover and grew to more than US$15 billion in 2016.<\/p>\n Chinese \u2018redwood\u2019 has a wide range of application.<\/p>\n Besides furniture making, Chinese \u2018redwood\u2019 is used in manufacturing various kinds of small \u2018redwood\u2019 products such as flower stand, incense burner table, wood carving, hand string, jewelry box, walking stick and musical instruments such as Chinese lute, erhu and pianos.<\/p>","protected":false},"excerpt":{"rendered":" The average growth in the value of retail sales of commodities in 2017 was 8.2% but sales of furniture exceeded the average rate and sales of \u2018redwood\u2019 furniture represented the fastest growth. Chinese \u2018redwood\u2019 log imports totaled 990,000 cubic metres … Continue reading