In 2024, the forecasted import value of veneer or ply sheet of non-coniferous or tropical wood to Japan is $67.884 million. Based on historical data, the import value for 2023 was not provided, limiting direct comparison to previous years. However, from 2024 to 2028, there is a steady year-on-year increase in import values, with each subsequent year seeing an incremental rise. Notably, between the first forecasted year and the last, the compounded annual growth rate (CAGR) indicates a consistent upward trend.

Future trends to watch for include:

Potential policy changes in Japan regarding import tariffs or environmental regulations which may impact the import levels of wood products.
Shifts in global demand and supply chains, possibly influenced by factors such as economic conditions or trade agreements, impacting import volumes and values.
Technological advancements in wood production and logging that could alter the competitiveness of non-coniferous or tropical wood imports.