The import forecast for plywood with tropical hardwood outer ply to the US shows a gradual decline from 671.04 thousand cubic meters in 2024 to 668.73 thousand cubic meters by 2028. This trend shows a minimal year-on-year decrease, representing a marginal decline in demand or possible supply issues. As of 2023, the volume of imports was slightly higher, further indicating this declining trend.
Future trends to watch for include:
- Potential changes in US trade policies impacting import volumes.
- Sustainability and environmental regulations affecting tropical hardwood sourcing.
- Market dynamics such as construction demand and material substitutions.