The forecast for non-tropical non-coniferous industrial roundwood imports to Saint Pierre and Miquelon indicates a gradual decline from 2024 to 2028. Starting at 6 cubic meters in 2024 and 2025, the imports are expected to decrease to 5 cubic meters in 2026, further declining to 4 in 2027, and finally to 3 cubic meters in 2028. In 2023, these imports stood at 6 cubic meters. Year-on-year, this represents a consistent negative growth, pointing to a diminishing demand or supply contraction. The compound annual growth rate (CAGR) over this period is noticeably negative, accentuating the downward trend.
Future trends to monitor include:
- Potential changes in local policies regarding wood imports.
- Shifts in global supply chain dynamics affecting raw material prices.
- Environmental considerations that may impact sourcing and importation practices.
- Technological advancements influencing material efficiency and usage.