The import value of plywood with one or two outer plies non-coniferous to the US is expected to decline from 2024 to 2028. Forecast data shows a consistent downward trend, with values projected to decrease from $372.21 million in 2024 to $201.33 million in 2028. This indicates a significant reduction in imports over the period.
Year-on-year variations reveal a continuous percentage decline, with the most notable drop anticipated between 2026 and 2027. The 5-year Compound Annual Growth Rate (CAGR) reflects a negative average annual change, signaling a contracting market.
Future trends to watch for include potential impacts of sustainability policies, changes in trade tariffs, or shifts in domestic production capabilities that could further influence import dynamics. Additionally, monitoring global price fluctuations in raw materials may provide insights into future import trends.
