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Article: PLYWOOD INDUSTRY APPROACHING CULMINATION POINT
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- January 27, 1992
CopyrightCOPYRIGHT 1992 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Plywood, which has been the leading foreign exchange earner outside the oil and gas sector so far, is likely to be replaced by another commodity in the near future. In 1990, foreign exchange receipts from textile exports already exceeded those from plywood exports, eventhough the difference was not big. This is an indication that the plywood industry is approaching its culmination point and that its golden age is over.
Although Indonesia still controls the world market for plywood, there are many obstacles which make it difficult for the country to maintain its position. The main external obstacles confronting the Indonesian plywood industry are continuing ...