In 2023, China’s wood sawn imports stood at approximately 46.1 million cubic meters. According to forecasted data, the value for 2024 is 47.905 million cubic meters, revealing a year-on-year increase of 3.9%. Subsequent projections show continued growth, with 49.745 million cubic meters in 2025 (3.8% increase), 51.548 million cubic meters in 2026 (3.6% increase), 53.315 million cubic meters in 2027 (3.4% increase), and 55.047 million cubic meters in 2028 (3.2% increase). Over the five-year period, the Compound Annual Growth Rate (CAGR) is approximately 3.6%.

Future trends to watch for include:

Impact of China’s economic policies on import levels.
Global market fluctuations and their influence on wood supply and pricing.
Environmental regulations and sustainability initiatives potentially affecting wood sourcing and demand.
Technological advancements in wood processing and utilization.