The forecast for Japan's import of untreated coniferous logs and poles exhibits a steady year-on-year decline. Beginning at approximately 502.67 million USD in 2024, imports are projected to decrease to 361.62 million USD by 2028. This represents an annual average decline, reflected in a negative Compound Annual Growth Rate (CAGR) over this period. The consistent decrease indicates a shrinking demand or potential shifts in supply sources or domestic production capacity.
Future trends to watch for include:
- Domestic policies affecting forestry and wood imports.
- Global supply chain dynamics and pricing pressures due to geopolitical factors and environmental regulations.
- Innovation in materials or shifts to alternative materials in construction impacting demand.