In 2023, China's import of logs of oak stood at approximately 1.75 billion kilograms. From 2024 to 2028, forecasts show a consistent upward trajectory, with an annual increase in volume. Year-on-year growth rates reveal a regular increment of approximately 3-4%. The compound annual growth rate over the next five years is anticipated to average around 3.5% annually.
Future trends to watch for include:
- Potential shifts in global supply and demand dynamics impacting oak log imports.
- Environmental regulations and sustainability practices in China's timber industry.
- Economic factors influencing construction and furniture manufacturing sectors in China.