The forecast for non-coniferous sawnwood imports to Mexico shows a steady increase from 511.46 thousand cubic meters in 2024 to 511.95 thousand cubic meters in 2028. Compared to the data where 2023 stood, the yearly growth rates are minimal but consistent, progressing roughly by 0.03% each year. Over the last two years, this growth rate indicates stabilization in demand, with imports showing a plateau effect. The compound annual growth rate (CAGR) over the next five years is expected to maintain at around 0.03%, reflecting a stable but very slow upward trend.
Future trends to watch for:
- Changes in construction and furniture manufacturing sectors, as they drive demand for non-coniferous sawnwood.
- Impact of trade policies and tariffs which could affect import volumes.
- Advances in sustainable wood alternatives and their adoption which might influence traditional sawnwood imports.