The import value of veneer or ply sheets of tropical woods to Japan is expected to decrease steadily, from $11.193 million in 2024 to $9.9518 million in 2028. Considering the absence of 2023 data, we focus on trend analysis. The annual percentage decreases indicate a consistent decline, pointing to diminishing demand or changes in sourcing strategies. Over five years, a compound annual growth rate (CAGR) highlights this downward trajectory.

Future trends to watch for include:

Potential shifts to alternative wood sources or substitutes due to sustainability concerns.
Impact of global trade policies and environmental regulations.
Technological advancements possibly reducing wood consumption in favor of engineered alternatives.