Wood sawn exports in China stood at 156.68 thousand cubic meters in 2023, experiencing a significant downturn over the last decade. Between 2013 and 2023, the exports have generally followed a downward trajectory, with a decline of 65.19% observed from 2013's value of 450 thousand cubic meters. The year-on-year variation saw notable fluctuations, with a peak decline of -33.25% in 2015 and slight recovery periods like in 2017 with a 7.69% increase. The last two years preceding 2023 showed continuous reductions with -9.48% in 2022 and -10.26% in 2023. Over the last five years (2018-2023), the average annual decline (CAGR) was -8.92%.
Looking ahead, the forecasted data from 2024 to 2028 indicates continued decline. By 2028, wood sawn exports are anticipated to drop to 63.09 thousand cubic meters, representing an average annual reduction (CAGR) of -14.37% and an overall decrease of 53.95%. The future trend highlights a persistent contraction in export volumes.
Future trends to watch for include:
- Changes in global demand for wood products.
- Shifts in trade policies and tariffs affecting export potential.
- Developments in alternative materials reducing dependence on sawn wood.
- Environmental regulations and sustainability practices impacting production.
