The imports of logs, including Keruing, Ramin, Kapur, Teak, Jongkong, and Merbau, to the U.S. are projected to increase steadily from 2024 to 2028. The value of imports is expected to grow from 1.584 million USD in 2024 to 1.8272 million USD in 2028, indicating a continuous upward trend. In 2023, the actual import value stood significantly lower than the forecasted figures, suggesting robust growth in the import market for these wood types. Over the period, the compound annual growth rate (CAGR) highlights an average annual growth, reflecting a consistent interest in these wood logs.
Future trends to watch for include potential shifts in demand due to changes in construction and furniture manufacturing, policies impacting sustainable forestry management, and trade agreements that might alter import dynamics. Monitoring these factors will be crucial for accurately predicting long-term import patterns.
