The Malaysian Wood Expo 2019 which is from 19 to 21 November 2019 in Kuala Lumpur, Malaysia is jointly organised by the Malaysian Timber Council and Panels & Furniture Group of wood magazines, two powerhouses in Southeast Asia’s timber and woodworking sector. Currently, Malaysia’s wood products are experiencing a high demand from developed countries; with the country exporting to more than 160 countries. Sources: Timberbiz, Lesprom
It is endorsed by the Malaysian Wood Industries Association (MWIA), The Timber Exporters’ Association of Malaysia (TEAM), The Malaysian Panel-Products Manufacturers’ Association (MPMA), Malaysian Furniture Council (MFC), Malaysian Wood Moulding & Joinery Council (MWMJC) and Association of Malaysian Bumiputra Timber and Furniture Entrepreneurs (PEKA).
In 2017, the value of wood product exports up to June from Malaysia was RM11.5 billion with Japan and the US as the main markets followed by India, Australia, Singapore, South Korea, United Kingdom, China, Taiwan and Thailand.
Timber exports from Malaysia were forecasted to increase by 5% in 2018, from RM 23.22 billion in 2017.
By 2022, the country aims to achieve the export target of RM 28 billion.
The market is also looking to drive its market for more advanced woodworking machines in order to achieve high precision and quality.
MWE 2019 will be a coming together of top exhibitors in this part of the world.
Mr Richard Yu, CEO of Malaysian Timber Council, said: “MWE 2019 will be the avenue for both suppliers and buyers to tap into the unlimited business potential of Southeast Asia’s growing economies. ASEAN is a fast-emerging market and Malaysia being the second most competitive economy within the 10- nation bloc is an excellent gateway to the member countries.”
Mr William Pang, managing director of Panels & Furniture Group of wood magazines, said: “With the wood processing and woodworking sector’s vast potentials, Malaysia’s wood industry is set to be a vibrant and sustainable one. Our intention is to bring you this unique platform where you can trade, network and exchange ideas with suppliers and visitors from across the globe to take your business to the next level.”
