The forecast for wood-based panels import to Saint Pierre and Miquelon shows a steady annual decline from 2024 to 2028. The data indicates a yearly decrease of 8.33% starting from a peak of 144 cubic meters in 2024 to 96 cubic meters in 2028. This consistent reduction mirrors economic or policy changes impacting import needs. In 2023, the actual import volume stood at 156 cubic meters, highlighting the start of this downward trend. The Compound Annual Growth Rate (CAGR) projected over the next five years is negative, reinforcing the contracting demand for imported wood-based panels.

Future trends to watch for include:

Potential policy shifts affecting trade or sustainability standards.
Changes in local or global economic conditions that might influence import costs or demand.
Technological advancements in alternative materials, which could further reduce demand.
Growth in local production capabilities within Saint Pierre and Miquelon.