THE Myanmar Forest Products and Timber Merchants’ Association
became the sixth member of the ASEAN Furniture Industries Council
at the council’s first conference, held in Jakarta in Indonesia
last month.
“Myanmar went to Indonesia as an observer but became a
full-fledged member of the council at the conference,” said
U Aung Lwin, the chairman of the association, who led a delegation
to the conference.
The council organised the conference to discuss ways to compete
with China’s furniture exports, which occupy 11 per cent
of the global market.
U Aye Lwin, the secretary general of the association and the
vice chairman of ASEAN Forest Products Industry Council, told
Myanmar Times that during the conference, the delegates discussed
how ASEAN nations could catch up with China’s furniture
exports by cooperating to search for new markets.
“China enjoys the biggest market share in world furniture
export market, producing US$24 billion worth of furniture a year,
$10b of which it exports,” said U Aye Lwin.
Among the members of the ASEAN Furniture Industries Council,
Indonesia exported $1.5b of furniture in 2003, Malaysia $1.6b,
the Philippines $278 million, Singapore $74m and Thailand $1.03b,
while Myanmar’s furniture exports were estimated at only
$58m, for a total of $4.5b.
U Aye Lwin said Myanmar’s furniture figures were low even
though it produces the highest quantity timber in the ASEAN region.
This high productivity – with 400,000 to 700,000 cubic tonnes
of annual timber exports – is one of the reasons that the
council accepted Myanmar as a member.
“We need to make an all-out effort to export Myanmar furniture
to the world market, as some neighbouring countries use raw material
from Myanmar to earn hundreds of millions of dollars annually
by adding value to timber,” said U Aye Lwin.
Myanmar’s entry into the council would result in direct
foreign investment in the country, as well as technology and market
transfers from member countries, he said.