The re-import of softwood plywood to China in 2023 amounted to 548.75 cubic meters, marking the baseline for subsequent forecasts. In 2024, a predicted decrease to 539.37 cubic meters is anticipated, equating to a year-on-year decline of approximately 1.7%. Following this trend, forecasted reductions continue annually through 2028 with an average annual decrease (CAGR) of approximately 1.7% across this period. This consistent downward trend suggests a forecasted decrease of the re-import volume over the five-year period.
Future trends to watch for include:
- China's domestic plywood production advances and potential shifts in policy impacting imports.
- Global trade dynamics, including potential tariffs and trade agreements affecting material flows.
- Technological advancements influencing product alternatives and market demand shifts.