The forecast for Medium Density Fibreboard (MDF) and High Density Fibreboard (HDF) imports into China indicates a steady decline from 2024 to 2028, with volumes expected to decrease from 253.68 to 210.42 thousand cubic meters. Considering that in 2023, the import volume was higher, this signifies a consistent downward trend. The annual year-on-year variation shows decreases, underscoring a shrinking market presence of these products in China. The compound annual growth rate (CAGR) over this period reflects a consistent contraction in import volumes.
Future trends to watch for include:
- Potential shifts in domestic production capacities increasing self-sufficiency.
- Changes in trade policies that may affect import costs or supply chains.
- Advancements in alternative materials that could influence demand.
