The Malaysian timber industry aims to reach $6 billion worth of timber exports by 2025

Posted on September 26, 2022   |  

  • The Malaysian Timber Industry Board (MTIB) is encouraging the use of wood in the local market via promotional campaigns in the mass media, participating in exhibitions, and organizing exhibitions such as the Wood & Lifestyle Fair.
  • The Ministry of Plantation Industries and Commodities launched the new National Timber Agrocommodity Policy, with support from the National Timber Industry Strategic Plan 2021-2025.
  • This is aligned with the country's aim of achieving timber exports (RM$28 billion) of $6 billion as the timber industry is facing issues related to raw material resources, manpower, shipping, production costs, and productivity.



Help us by filling out this quick price survey

A PHP Error was encountered

Severity: Warning

Message: Trying to access array offset on value of type null

Filename: layouts/market_data_layout.php

Line Number: 124

Backtrace:

File: /var/www/html/application/views/layouts/market_data_layout.php
Line: 124
Function: _error_handler

File: /var/www/html/application/hooks/secDisplay.php
Line: 50
Function: view

File: /var/www/html/index.php
Line: 332
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: trim(): Passing null to parameter #1 ($string) of type string is deprecated

Filename: layouts/market_data_layout.php

Line Number: 124

Backtrace:

File: /var/www/html/application/views/layouts/market_data_layout.php
Line: 124
Function: trim

File: /var/www/html/application/hooks/secDisplay.php
Line: 50
Function: view

File: /var/www/html/index.php
Line: 332
Function: require_once

https://www.timber.exchange/global-timber-pricing-survey?u=d3840cea0fb3d0e668b2c6caab936bd01408b919e6101f45aa5acfa4d886886460714a6b6f7c850a9498e6c4e3fd8d94e23014c416c060a28896a9d55e1684a3pmR7KGziv2zk2slObZc%2Fhb2mIfEE1K2DKb%2FLEf4ITrA%3D" class="survey-banner-link" id="bannerLink" target="_blank"> Take Survey