EU and US are the 2 potential markets for many commodities and products, who require a high-quality standard and large demand for all the products. Plywood & Wood products are one piece of it. In 2020, the US has imported the value of plywood at 2.9 billion (Trademap.org), and the EU imported the value of 4.3 billion. There’re the 2 largest markets in the world, and the share of Vietnam plywood exported has been increased recently. In 2020 Vietnam has exported the value of 2.9 million plywood to the US, accounting for 10% market share, and the value is increasing year by year. There’re many reasons that make Vietnam has named in the global plywood market, especially Vietnam Birch Plywood for the furniture industry which is exporting to the US and EU.
To match the quality requirement of the most demanding markets like the US and EU, Vietnam plywood supplier has studied and invested the modern machine, and upgraded facilities for products that could make the plywood that is certificated by many Global inspection companies such as CARB P2, CE Certificate, FSC, JAS, … that could make the plywood quality is at the standard of the US and EU market. For example, FOMEX factory is supervised by many agents regularly who provide certificates of quality such as SGS, ICTT, …
Quality Control Team in Plywood Inspection Process - FOMEX GROUP
In addition, Vietnam Birch plywood has a good price thanks to the abundance of Wood resources and the good labor cost in the area. Plywood production is a semi-industrial that which manufacturing processes use many workers, thus the labor cost accounted for a significant share of the production cost. By using the abundant workforce in Vietnam, we can offer a competitive price for Birch plywood in the global market for importers.
Birch Plywood for making kitchen cabinet
Besides labor cost, wood material cost is also a significant cost on the production, by making use of the abundant of the source of Hardwood material such as Acacia, Eucalyptus, Styrax, that all the good material for plywood manufacturer. Especially in FOMEX Group, we have an eco-system of production from Raw material to finished plywood and Wood product. For Birch Plywood Production, we directly buy the wood log from the legal and matured forest plantation area for the Veneer production and use it for our Birch Plywood production, the quality shall be controlled from the first process of production to the finished plywood, also we cut the middlemen supplier by import all the material for our plywood manufacturing, thus we can be confident to supply a good quality to the customers at a competitive price. See our Eco-system infographic here.
>> 5 Reasons why Vietnam Birch Plywood is popular in the US and EU.
Depending on the quality requirement, Vietnam plywood could match various quality demands from mid to high. For the Birch Plywood, we can supply the Birch Plywood with some grades: D/E, D+/E, D/D, C/D, E/E, which will have many options for the importers.
Vietnam's natural Geographic is convenient for Ocean Shipping with a long Beach from the North to the South, with many seaports thus it would be easy for shipping the cargo from Vietnam. Especially with the container shipping cost at its peak now, bulk vessel shipping is a good option to save the shipping cost. Since the global container shipping crisis, there have already had some services for the Bulk Vessel from Vietnam to the US, EU, and the Middle East for plywood. The importer could consider the bulk shipping option for importing; however, the import volume shall be big enough and the importer needs to choose a creditable supplier when importing such a large volume.
Since 2019, due to the US-China until-dumping, there has already had many big new factories that produce the furniture opened in Vietnam to take advantage of the supply chain broken, the Birch Plywood from Vietnam exporting to the US and EU not only in the full board but also from the parts in the furniture such as Sofa, Bed, Cabinet, …. That accounted for a large volume and value in the wood industry.
Due to the external relationship with other countries and regions, Vietnam is the most peaceful country in the world who have the good political and economic relationship with others; in addition, there are many policies of the government to facilitate the international trade, which make the cargo from Vietnam is popular in the global market recently, and plywood is one of the benefited products.
Vietnam has many FTAs with many countries and area
The above are 5 reasons that make Vietnamese Birch Plywood popular in the US and EU markets, due to some of the natural advantages and political situation, Vietnamese recently been one of the plywood suppliers in the Global plywood supply chain, which make Vietnamese plywood is popular in the world. FOMEX GROUP