The import of coniferous (softwood) lumber into China is projected to increase consistently from 2024 to 2028, with values rising annually from 20.703 billion kilograms in 2024 to 23.966 billion kilograms by 2028. The increase from 2023's actual figures illustrates a robust upward trend in demand. The year-on-year growth is steady, showcasing a positive trend reflective of economic conditions and potentially increased construction activities. Over the past five years, the compound average growth rate (CAGR) indicates a strong annual increment.
Future trends to watch for include potential shifts in Chinese domestic policies affecting import volumes and sustainable forestry management practices globally, which may impact supply and cost dynamics. Additionally, changes in construction and housing sectors in China could significantly influence import needs.
