The forecast for Japan's import of densified wood in blocks, plates, strips, or profile indicates a declining trend from 2024 to 2028. Starting at 906.59 thousand USD in 2024 and anticipated to decline to 867.73 thousand USD by 2028, the data reflects a consistent annual decrease. This represents a year-on-year decline of approximately 1.1% over the observed period. Comparatively, back in 2023, the import value stood higher, indicative of a downward momentum that began before the forecasted years.
Future trends to watch include fluctuations in global wood demand, technological advancements in wood densification processes, and changes in Japan’s domestic production capacity. Additionally, trade policies and environmental regulations may impact import volumes, all of which could alter the current trajectory.
