In 2023, the import of plywood with one or two outer plies of tropical hardwood to Germany stood at approximately 79.5 million kilograms. Forecast data predicts a consistent upward trend, with imports projected to grow year-on-year by roughly 1.23% from 2024 to 2025, and a similar percentage increment continuing towards 2028. The Compound Annual Growth Rate (CAGR) for the years 2024 to 2028 is anticipated to be around 1.20%. This demonstrates a stable but modest increase in import volumes over the next five years.
Future trends to watch for include:
- Potential regulatory changes affecting tropical hardwood supply chains, which may impact import volumes.
- Shifts in consumer preference towards sustainable and eco-friendly products that could alter demand.
- Exchange rate fluctuations and economic conditions potentially influencing import costs and volumes.