The import of wood wool and wood flour to South Korea is set to increase steadily from 2024 onwards, with forecasted volumes rising from 71.228 million kilograms in 2024 to 78.527 million kilograms in 2028. It is essential to mention that the actual volume in 2023 was approximately 69.50 million kilograms. This indicates a consistent year-on-year increase, with the forecasted values for 2024 and 2025 representing an approximate 2.55% and 2.64% increase, respectively. The compounded annual growth rate (CAGR) over the next five years is roughly around 2.50%. This pattern reflects a steady growth trajectory in the import of these materials.

Future trends to watch for include:

Potential fluctuations in the global supply chain affecting the availability of wood wool and wood flour.
Influence of global environmental policies encouraging the use of sustainable materials.
Technological advancements in manufacturing processes leading to more efficient production and usage.