In 2023, the import of coniferous hoopwood, split poles, pile, pickets, and stakes to China was valued at an estimated 330.5 thousand US dollars. Over the following years, a declining trend is expected with 2024 forecasted at 280.8 thousand US dollars, decreasing significantly each year to 87.37 thousand US dollars by 2028. The year-on-year changes show a steady decrease, attributed to increased domestic production and possible trade regulations. The compound annual growth rate (CAGR) from 2024 to 2028 predicts an average annual decline of significant magnitude.
Future trends to watch for include potential shifts in trade policies, advancements in domestic production efficiency, and evolving demand within China for these types of wood products. Additionally, environmental policies may impact the import demand, as China prioritizes sustainable sourcing and usage of natural resources.