The forecast for the re-import of plywood with 1 or 2 outer ply tropical hardwood to China shows a consistent decline from 2024 to 2028, starting at 84.82 thousand kilograms and reaching 62.23 thousand kilograms by 2028. Compared to the 2023 value, this represents a year-on-year average decrease of around 7.4%. The compound annual growth rate (CAGR) over this five-year period is also negative, indicating a continued downward trend.
Future trends to watch for:
- Potential shifts in global demand for tropical hardwood that could alter re-import needs.
- Changes in environmental regulations influencing trade dynamics.
- Technological advancements in plywood production impacting import strategies.