The forecast for China's industrial roundwood import indicates a gradual increase from 46.177 million cubic meters in 2024 to 47.962 million cubic meters by 2028. In 2023, the import stood at approximately 45.73 million cubic meters, marking a steady growth trend. The year-on-year growth is around 0.98% for 2025, 0.96% for 2026, 0.94% for 2027, and 0.93% for 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected at approximately 0.95%, highlighting a consistent upward movement in imports.
Future trends to watch for include:
- The impact of China's domestic forestry policies on import needs.
- Fluctuations in global roundwood supply and pricing, influenced by environmental regulations and political dynamics.
- Technological advancements in forestry and their effect on global supply chains and trade efficiencies.
- Evolving demand in China's construction and manufacturing sectors, potentially altering import volumes.