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Export News
03-07-2025
In 2024, the global wood supply market demonstrated strong performance and diversification, with over 25,915 exporters contributing to a total export value of approximately $19.04 billion USD, based on Tendata Global Trade Data. From construction-grade timber to processed wood products, the top 10 exporters collectively accounted for a significant share of the market. Here's a closer look at the Top 10 Global Wood Suppliers in 2024:
1. HOUSE TECHNOLOGY INDUSTRIES PTE., LTD.
·Market Share: 9.65%
·Export Value: $1,838.53 million
HOUSE TECHNOLOGY INDUSTRIES emerged as the leading global wood supplier, dominating nearly 10% of total global wood exports. Known for its role in prefab construction and structural wood components, the Singapore-based company maintains a powerful footprint in the Asia-Pacific region and beyond.
2. SCAD SERVICES PTE., LTD.
·Market Share: 5.23%
·Export Value: $996.07 million
Also headquartered in Singapore, SCAD SERVICES ranks second among global wood suppliers, providing a broad range of wood-based products for the furniture and building materials industries.
3. WU KONG SINGAPORE PTE. LTD (PHIL. BRANCH)
·Market Share: 1.80%
·Export Value: $343.08 million
Operating from the Philippines, WU KONG serves as a dynamic wood supplier specializing in tropical hardwoods and customized wood solutions for Asian and international markets.
4. SOLUCIONES LOGISTICAS DE CENTROAMERICA, S.A. DE C.V.
·Market Share: 1.78%
·Export Value: $338.70 million
This Central American company plays a growing role in the wood supplier industry, likely focusing on timber logistics and export facilitation across North and Latin America.
5. CÔNG TY TNHH TIMBERLAND
·Market Share: 1.71%
·Export Value: $325.11 million
Vietnam continues to be a hub for wood exports, and TIMBERLAND stands out as a major wood supplier offering both raw timber and finished wood products to global furniture and construction sectors.
6. CÔNG TY TNHH JASON FURNITURE VIỆT NAM
·Market Share: 1.50%
·Export Value: $286.19 million
This Vietnam-based company is a top wood supplier known for high-volume furniture production and solid wood exports to markets in the U.S., Europe, and Asia.
7. WOODCRAFTERS HOME PRODUCTS
·Market Share: 1.29%
·Export Value: $245.61 million
Based in North America, WOODCRAFTERS specializes in cabinetry and home furnishings, establishing itself as a trusted wood supplier for residential products.
8. CÔNG TY TNHH HÀO HƯNG
·Market Share: 1.09%
·Export Value: $207.43 million
Another major player from Vietnam, HÀO HƯNG is a consistent wood supplier of sawn timber and plywood, exporting to key markets in Asia and Europe.
9. CÔNG TY TNHH THANH THÀNH ĐẠT
·Market Share: 0.89%
·Export Value: $168.91 million
This company adds to Vietnam's strong representation among the top wood suppliers, offering a range of processed and raw wood products.
10. ООО "СТАНДАРТ-СТРОЙ" (STANDART-STROY LLC)
·Market Share: 0.86%
·Export Value: $163.29 million
Representing Russia, STANDART-STROY rounds out the list with solid contributions to the global wood supplier ecosystem, particularly in structural timber and construction wood materials.
Conclusion
The 2024 global wood trade is largely driven by Southeast Asia, particularly Vietnam and Singapore, which dominate the top ranks. Companies like HOUSE TECHNOLOGY INDUSTRIES and SCAD SERVICES have established themselves as influential wood suppliers through diversified offerings, strong logistics, and international demand. With over $19 billion in export value, the wood industry continues to be a crucial component of global trade, serving sectors ranging from construction to furniture manufacturing.
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