The re-import values of Okoume, Obeche, Sapelli, Sipo, Acajou, and Makore wood to Italy show a consistent decreasing trend from 2024 to 2028, with a starting forecast of 4.83 thousand USD in 2024 dropping to 4.58 thousand USD by 2028. As of the end of 2023, the re-import value was slightly higher than the 2024 forecast. The year-on-year variation indicates a gradual decline ranging from 1.2% to 1.3% annually over these years. The 5-year CAGR (Compound Annual Growth Rate) suggests a steady drop of 1.3% per year.
Future trends to watch:
- Potential economic or legislative impacts on lumber trade in the EU.
- Shifts in demand for tropical wood species within sustainable markets.
- Changes in global supply chain efficiency affecting re-import dynamics.