The import forecast of Meranti Red, Meranti Bakau, and White Lauan Wood lumber to China indicates a declining trend from 2024 through 2028. In 2023, the volume stood at 10 million kilograms. There’s a steady year-on-year decrease in import volumes, with forecasts showing a 7.4% drop from 2024 to 2025, and a further annual reduction of approximately 7%-9% through 2028. The average compound annual growth rate (CAGR) forecasted over the five years is -7.8%, highlighting a consistent decline in imports.

Future trends to watch for:

Monitoring tightening environmental regulations and sustainability initiatives that could impact lumber import demand.
China's ongoing economic developments and infrastructure projects, which may influence wood import requirements.
Exchange rates and trade policies causing fluctuations in import volumes.