In 2023, China's import of veneer or ply sheet of coniferous wood stood at approximately 95 million kilograms. Projected figures indicate an upward trend, with imports expected to reach 116.26 million kilograms by 2028. This represents a consistent year-on-year increase, averaging a compound annual growth rate (CAGR) of around 4.0% over five years. The significant growth in imports from 2024 to 2028 highlights strong demand within the Chinese market for softwood materials.
Future trends to watch for include:
- Potential shifts in trade policies affecting import volumes and preferences.
- Technological advancements in wood processing impacting demand.
- Environmental regulations in China influencing softwood supply chain dynamics.
- Macroeconomic factors and construction booms driving import needs.
