The coniferous industrial roundwood import to China is anticipated to steadily rise from 37.338 in million cubic meters in 2024 to 39.5 in million cubic meters by 2028. Reflecting a year-on-year growth of approximately 1.5%. Notably, in 2023, the imports stood at 36.8 million cubic meters, marking a consistent increase moving forward. Over the five-year period, the compound annual growth rate (CAGR) is projected around 1.5%.
Future trends to watch for include:
- Potential shifts in global supply chains affecting coniferous wood availability.
- China’s domestic policy changes aiming at forestry conservation and sustainable sourcing.
- Impact of technological advancements in alternative construction materials possibly moderating wood demand.