The forecasted import of lumber of Beech to China shows a steady upward trend from 2024 to 2028, suggesting growth from 933.39 to 1073.5 thousand cubic meters. This represents an annual increase with year-on-year variations of approximately 3.86% from 2024 to 2025, 3.66% from 2025 to 2026, 3.44% from 2026 to 2027, and 3.27% from 2027 to 2028. Assuming 2023 levels experienced similar trends, the compounded annual growth rate (CAGR) over these five years can be estimated around 3.56%, reflecting a stable demand for beech imports.
Future trends to watch for include:
- Changes in global beech supply impacting import levels.
- China's domestic policy shifts regarding lumber imports
- Expansion in alternative materials impacting beech demand.
