Forecast: Import of Lumber of Meranti Red, Meranti Bakau, White Lauan Wood to Italy

The import forecast of lumber from Meranti Red, Meranti Bakau, and White Lauan Wood to Italy shows a significant downward trend from 2024 to 2028. The predicted values highlight a sharp decrease from 2.21 thousand cubic meters in 2024 to a mere 0.11143 thousand cubic meters by 2028. Comparing each year, the significant drops hint at an unsettling decline in demand or possible trade constraints.

Key trends and observations:

  • 2024-2025: A year-on-year decrease of approximately 24.43% observed.
  • 2025-2026: A further drop of about 31.74% is noted.
  • 2026-2027: Imports are forecasted to decline by 45.59%.
  • 2027-2028: The most significant decline is expected, with a reduction of 82.03%.

With an average CAGR signifying a downturn trend over five years, examining influences like environmental regulations, alternative supplies, and economic conditions in Italy will be crucial for future forecasting and adaptation strategies.

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