In 2023, the re-import of plywood with non-coniferous outer ply to China stood at a certain volume that established a baseline for the following forecasts. The projections for 2024 to 2028 highlight a consistent annual increase in the volume of re-imported plywood, indicating a robust demand in the Chinese market. From 2024 to 2025, a year-on-year growth of approximately 3% is observed, continuing onwards with similar consistent increases through to 2028.
Future trends to watch for:
- Impact of environmental regulations on plywood imports.
- Fluctuations in global timber supply affecting availability and pricing.
- Potential shifts in demand influenced by changes in construction booms.