The import of plywood with 1 or 2 outer ply of tropical hardwood to China in 2024 is projected at 23.535 million kilograms. This marks a reduction from the earlier years, although actual data for 2023 is not provided, the trend indicates a consistent decline in imports from 2024 through 2028. The year-over-year decreases are: 2025 by 2.81%, 2026 by 2.84%, 2027 by 2.85%, and 2028 by 2.89%. The compound annual growth rate suggests a yearly average decrease of approximately 2.87% across this period.
Future trends to watch for include changes in domestic production capabilities, potential policy shifts impacting imports, and variations in demand for tropical plywood in other sectors, particularly considering environmental sustainability efforts and alternate material usages.
