The forecast for the US import of non-coniferous plywood, measured in million kilograms, shows a steady decline from 2024 to 2028. In 2023, the value stood at a certain baseline, and the values from 2024 onwards indicate a continuing reduction year-on-year. Specifically, a decrease of approximately 10.9% is expected in 2025, followed by further declines of around 12% each subsequent year until 2028. This results in a compound annual growth rate (CAGR) reflecting a notable downward trend over this five-year period.
Future trends to watch for include shifts in global supply chain dynamics, potential changes in trade policies, and increasing demand for sustainable materials which may impact the import volumes. Additionally, advancements in synthetic alternatives and domestic production capabilities could further alter demand for imported non-coniferous plywood in the US market.
