In 2023, the import volume of plywood with 1 or 2 outer ply tropical hardwood to France was recorded at 99.9 thousand cubic meters. The forecast for 2024 is predicted at 90.51 thousand cubic meters, marking a 9.4% decline from the previous year. This downward trend is expected to continue at an annual rate of approximately 8.1% through 2028, showcasing a compounding annual growth rate (CAGR) of -10.0% over the five-year period. This consistent decline suggests a reduction in reliance on imported tropical hardwood plywood.
Future trends to watch for:
- Shifts in regulatory policies affecting the importation of tropical hardwood.
- Movements towards sustainable and alternative plywood materials.
- Changing demand dynamics in the construction and furniture industries.
