The forecasted import volume of Oak lumber to Italy shows a consistent decline from 2024 to 2028, starting at 139.9 thousand cubic meters and decreasing to 129.19 thousand cubic meters. In 2023, the actual import volume was higher than the forecasted figures for subsequent years, indicating a downward trend.
Year-on-year variations show a steady decline: 2025 sees a reduction of approximately 1.96%, 2026 by 1.97%, 2027 by 1.97%, and 2028 by 1.97%. The compound annual growth rate (CAGR) from 2024 to 2028 highlights an average annual decrease in volume.
Looking forward, monitoring demand shifts due to changes in construction and furniture industries, global trade policies, and sustainable forestry practices will be crucial. Additionally, the economic conditions impacting purchasing power and competition from alternative materials should be observed.
