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Global Plywood Industry

4. EUROPE III-21A.Market Analysis III-21Current & Future Analysis III-21Recession and Sovereign Debt Crisis Mangle Plywood Industry III-21European Plywood Imports Scenario III-21Increasing Penetration of Chinese Products Concerns DomesticProducers III-22Increasing Cautiousness in Plywood Purchases Seeps In III-22Trends Vary for Different Plywood Products III-22Affordable Substitutes Eat into Okoumé Plywood Market III-23European Birch Plywood Prices Decline in Q3 2011 III-23Plywood Production Scenario: Outline III-23End-Use Perspective: Construction Industry III-23The Impact of Eurocrisis III-23Table 32: Construction Industry in Europe (2010, 2011 &2012): Percentage Change of Construction Output by Segment(includes corresponding Graph/Chart) III-24Construction Spending in the Eurozone III-25Key Statistics III-25Table 33: Hardwood Plywood Imports in EU-25 (2011):Percentage Share Breakdown of Import Volume by Country ofOrigin (includes corresponding Graph/Chart) III-25B.Market Analytics III-26Table 34: European Recent Past, Current and Future Analysisfor Plywood by Geographic Region - France, Germany, Italy,UK, Spain, Russia, Sweden, Finland, and Rest of EuropeMarkets Independently Analyzed with Annual Consumption inThousand Cubic Meters for Years 2010 through 2018 (includescorresponding Graph/Chart) III-26

Table 35: European Historic Review for Plywood by GeographicRegion - France, Germany, Italy, UK, Spain, Russia, Sweden, Finland, and Rest of Europe Markets Independently Analyzedwith Annual Consumption in Thousand Cubic Meters for Years2004 through 2009 (includes corresponding Graph/Chart) III-27

Table 36: European 15-Year Perspective for Plywood byGeographic Region - Percentage Breakdown of VolumeConsumption for France, Germany, Italy, UK, Spain, Russia, Sweden, Finland, and Rest of Europe Markets for Years 2004,2011 and 2018 (includes corresponding Graph/Chart) III-28

4a. FRANCE III-29Market Analysis III-29Table 37: French Recent Past, Current & Future Analysis forPlywood - Annual Consumption in Thousand Cubic Meters forYears 2010 through 2018 (includes corresponding Graph/Chart) III-29

Table 38: French Historic Review for Plywood - AnnualConsumption in Thousand Cubic Meters for Years 2004 through2009 (includes corresponding Graph/Chart) III-30

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