In 2010, China imported wooden furniture from Malaysia valued at RM18. 9 mil (US$63 mil.); this represented an 83% increase on 2009 figures. In addition, Malaysian exports of wooden furniture to Hong Kong SAR in 2010 were RM17, 8 mil. (US$5,9mil.), up 20% on 2009.
In contrast, exports of wooden furniture to the US grew by only 7% in 2010 while exports of all furniture (wooden, plastic, metal) to the US for the period January to May 2011 contracted by 24%. This contraction is expected to continue for the rest of the year. Malaysia’s top 10 furniture export markets in 2010, which were worth RM4.78 billion, were the US, Japan, Singapore, UK, Australia, Canada, United Arab Emirates, India, Saudi Arabia and Germany.
STIA calls on government to review Sabah log export policy
The Sabah Timber Industries Association (STIA) has called on the State government to implement export policies that will aid the timber industries in the state to overcome the persistent shortage of raw materials. The STIA is of the opinion that the volume of logs exported from Sabah should be reduced and that log imports should be facilitated.
STIA said that this policy review is necessary to encourage the development of downstream processing in the State. Some RM4.8 billion in revenue and RM1.0 billion in foreign investment by the local timber industry were recorded in 2009.
Sarawak log, FOB | US$ per m³ |
Meranti SQ up | 263-290 ⇑ |
Small
|
254-283 ⇑ |
Super small
|
253-277 ⇑ |
Keruing SQ up | 243-255 |
Small
|
234-266 |
Super small
|
225-249 ⇑ |
Kapur SQ up | 235-261 |
Selangan Batu SQ up | 239-271 ⇑ |
Pen. Malaysia logs, domestic (SQ) | US$ per m³ |
DR Meranti | 278-296 ⇑ |
Balau | 325-355 |
Merbau | 370-401 ⇑ |
Rubberwood | 105-139 |
Keruing | 246-272 ⇑ |
Peninsular Malaysian meranti logs are top grade and are used for scantlings for the EU. Their prices are higher than Sarawaks. |
Malaysia Sawnwood Prices
Malaysia Sawnwood, FOB | US$ per m³ | |
DR
Meranti |
413-449 | |
White Meranti A & up |
309-339
|
|
Seraya Scantlings (75x125 KD) |
453-465 ⇑
|
|
Sepetir Boards |
275-304
|
|
Sesendok 25,50mm |
363-381
|
|
Kembang Semangkok |
339-366 ⇑
|
|
Malaysian Sawnwood, domestic |
US$ per m³
|
|
Balau (25&50mm,100mm+) |
345-365
|
|
Merbau |
483-535 ⇑
|
|
Kempas 50mmx (75,100 & 125mm) |
288-328
|
|
Rubberwood | 25x75x660mm up |
240-290
|
50-75mm Sq. |
278-310
|
|
>75mm Sq. |
300-330
|
Malaysia Plywood Prices
Malaysia ply MR BB/CC, FOB | US$ per m³ |
2.7mm |
446-507 ⇑
|
3mm |
427-457 ⇑
|
9mm & up |
378-448 ⇑
|
Meranti ply BB/CC, domestic | US$ per m³ |
3mm
|
370-460 ⇑
|
12-18mm
|
353-382 ⇑
|
Other Malaysia Panel Prices
Malaysia, Other Panels, FOB | US$ per m³ |
Particleboard Export 12mm & up |
261-284 ⇑
|
Domestic 12mm
& up
|
252-266 ⇑
|
MDF Export 15-19mm |
313-345 ⇑
|
Domestic 12-18mm
|
304-323 ⇑
|
Malaysia Added Value Product Prices
Malaysia, Mouldings, FOB | US$ per m³ |
Selagan Batu Decking |
573-583
|
Red Meranti Mouldings 11x68/92mm x 7ft up | |
Grade A
|
587-600
|
Grade B
|
542-552
|
Malaysia Furniture and Parts Prices
Malaysia, Rubberwood, FOB | US$ per piece | |
Semi-finished dining table solid laminated top 2.5'x4', extension leaf |
78-94
|
|
As above, Oak Veneer |
85-99
|
|
Windsor Chair |
77-79
|
|
Colonial Chair |
75-80
|
|
Queen Anne Chair (soft seat) | without arm |
77-86
|
with arm |
75-84
|
|
Chair Seat 27x430x500mm |
63-68
|
|
Rubberwood Tabletop | US$ per m³ | |
22x760x1220mm sanded & edge profiled | ||
Top Grade
|
630-660 | |
Standard
|
613-629 |