The import of lumber of Baboen, Mahogany, Imbuia, and Balsa to China in 2023 was at 52.3 thousand cubic meters. Forecasted data indicates a steady upward trajectory from 2024 to 2028, with annual growth rates of approximately 2.8% each year. From 2026 to 2027, the increase is expected to be around 2.6%, with a similar growth trend continuing into 2028. The compound annual growth rate (CAGR) for the forecasted period is estimated to be approximately 2.7%.

Future trends to watch for:

Potential shifts in global trade policies affecting lumber imports.
Environmental regulations and sustainable sourcing practices.
Economic fluctuations impacting construction and manufacturing sectors in China.