Forecast: Import of Lumber of Okoume, Obeche, Sapelli, Sipo, Acajou, Makore Wood to Canada

In 2023, the import volume of Okoume, Obeche, Sapelli, Sipo, Acajou, and Makore wood to Canada stood at an estimated volume beneath 23.05 thousand cubic meters, showing consistent growth as follows: 23.05 in 2024, 23.37 in 2025, 23.68 in 2026, 23.99 in 2027, and 24.29 in 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be positive, indicating a steady increase in imports. Year-on-year variations highlight this stable yet modest growth rate.

Future trends to watch for:

  • Potential fluctuations in demand for exotic wood types in Canada due to environmental policies and sustainability initiatives.
  • Global supply chain disruptions or advancements that might impact import volumes, positively or negatively.
  • Changes in market preferences or economic conditions that could influence the demand for these wood types.

Top Countries about Wood