The import of plywood with 1 or 2 outer ply tropical hardwood to Japan is forecasted to decline steadily from 1.359 million cubic meters in 2024 to 1.2923 million cubic meters in 2028. This presents a gradual annual decline, indicating a shrinking demand or potential supply chain adjustments. Year-on-year percentage variations reflect this decreasing trend. The compound annual growth rate (CAGR) over the next five years displays a modest decrease.

Future trends to watch for include:

Influence of sustainability and environmental regulations on tropical hardwood imports.
Shifts in consumer preferences towards alternative materials, impacting demand.
Potential economic fluctuations affecting construction and furniture sectors.