In 2023, the actual sawnwood import to the Philippines stood at 1.348 million cubic meters. The forecast data from 2024 onwards show a consistent upward trend in import volume. From 2024 to 2025, the volume is expected to increase by 5.0%, followed by a 4.7% rise from 2025 to 2026. Subsequent years continue to show growth: 4.5% from 2026 to 2027 and 4.2% from 2027 to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is anticipated to be approximately 4.6%.
Future trends to watch include potential impacts of international trade policies, fluctuations in demand from the construction industry, and environmental regulations that could influence the supply and pricing of sawnwood imports. Monitoring these factors will be crucial for accurate forecasting and strategic planning.
