Based on the forecasted data for the imports of wood in France, the value is projected to grow steadily from 8.39 million metric tons in 2024 to 8.88 million metric tons by 2028. In 2023, the actual import stood at 8.27 million metric tons. For the year 2024, this represents a year-on-year increase of approximately 1.45%. Over the last two years, the trend shows annual growth rates of 1.55% and 1.41% respectively, reflecting consistent growth. The compound annual growth rate (CAGR) over this five-year forecast period is 1.45%, indicating a gradual but steady rise in wood imports.
Future trends to watch for:
- Changes in global supply chains affecting wood availability.
- Environmental policies influencing import demands.
- Economic factors, such as construction industry growth, that could impact wood consumption in France.