In 2023, the import value of logs such as Keruing, Ramin, Kapur, Teak, Jongkong, and Merbau to France was at a substantial level. The forecasts for the upcoming years indicate a significant declining trajectory. From 2024 to 2028, there is a consistent downward trend with a compound annual growth rate (CAGR) displaying a sharp reduction. This suggests a possible contraction in demand or changes in sourcing strategies.
Future trends to watch for include:
- Supply chain adjustments or shifts to alternative materials.
- Evolution of regulatory or environmental policies impacting imports.
- Potential economic factors influencing consumption patterns.
- Global wood market dynamics and competitive pressures.
