In 2023, Japan imported an estimated 21.042 million kilograms of oak lumber. The forecast from 2024 indicates a steady decline in import volumes, dropping to 18.218 million kilograms by 2028. Year-on-year, the imports are projected to decrease by approximately 2.8% to 3.1%, showcasing a consistent downward trend. The compound annual growth rate (CAGR) over this five-year period is expected to be around -3.6%, reflecting an overall reduction in oak lumber imports.
Factors influencing this trend may include increasing domestic production, changes in construction demand, sustainability initiatives, or shifts toward alternative materials. Future trends to watch for include policy changes in forestry management, technological advancements in material usage, and fluctuations in global oak supply and pricing.
