The import of non-coniferous roundwood to China is projected to decline steadily from 2024 to 2028. The volume is forecasted to decrease from 11.467 million cubic meters in 2024 to 9.0003 million cubic meters in 2028. The yearly percentage decrease from 2024 to 2025 is 5.5%, from 2025 to 2026 is 5.7%, from 2026 to 2027 is 6.0%, and from 2027 to 2028 is 6.3%. The compounded annual growth rate (CAGR) from 2024 to 2028 shows an average annual decline of 5.8%.
Future trends to watch for:
- China's domestic policy changes impacting forest product imports.
- Shifts in global demand and supply dynamics of roundwood.
- Environmental sustainability initiatives affecting supply chains.
- Technological advancements in wood processing and alternatives.
