In 2023, China's import of coniferous wood in chips or particles was reported at 344 million kilograms. From 2024 onwards, a steady upward trend is forecasted, showing year-on-year growth rates as follows: 3.06% in 2025, 2.90% in 2026, 2.77% in 2027, and 2.65% in 2028. The compounded annual growth rate (CAGR) over the five-year period from 2024 to 2028 stands at approximately 2.85%.
Future trends to monitor include:
- Potential shifts in China's domestic wood production affecting import demand.
- Trade policy changes that could influence import volumes and tariffs.
- Overall global supply chain dynamics impacting availability and pricing.
