The forecasted import of coniferous industrial roundwood to Saint Pierre and Miquelon remains consistent from 2024 to 2028 with a volume of 59 cubic meters annually. In 2023, the actual import volume was also 59 cubic meters, showing no year-on-year variation from 2023 to 2028. The absence of fluctuations implies no compounded annual growth rate (CAGR) over the five-year period.
Future trends to watch for:
- Potential shifts in local or regional economic policies could impact import volumes.
- Changes in global forestry regulations or wood product demand may affect future volume needs.
- Technological advancements in manufacturing or construction could influence the need for coniferous roundwood.