The data indicates a declining trend in the import of logs of Keruing, Ramin, Kapur, Teak, Jongkong, and Merbau to France from 2024 to 2028. Starting at 17.249 million kilograms in 2024, the import volume is forecasted to decrease consistently each year to 3.1349 million kilograms by 2028. From 2023, where import volume stood significantly higher, this marks a substantial downward shift over five years. The average annual shrinkage rate (CAGR) over this period is reflective of a significant contraction.
Future trends to watch for:
- Potential shifts in sourcing strategies due to availability or sustainability concerns.
- Changes in demand driven by innovations in substitute materials or changes in industry regulations.
- Impact of international trade policies on wood imports.