The import of okoume, obeche, sapelli, sipo, acajou, and makore wood to the US in 2023 was estimated at 224.5 million kilograms. The forecast for 2024 suggests an import volume of 231.65 million kilograms, increasing steadily to 262.72 million kilograms by 2028. This represents a year-on-year growth ranging between 3-4% over the predicted period, with a compounded annual growth rate (CAGR) of approximately 3.2% for 2024-2028.
Future trends to watch for include potential disruptions in global supply chains, changes in demand due to shifts in construction and furniture industries, and evolving sustainability regulations impacting sourcing and import strategies.
