The forecast for the import of logs of Keruing, Ramin, Kapur, Teak, Jongkong, and Merbau wood to the US shows a gradual growth from 2024 to 2028, starting at 1.2265 million kilograms in 2024 to 1.3481 million kilograms by 2028. As of 2023, the imports recorded were steady; the gains in subsequent years reflect an average year-on-year growth rate, highlighting increasing demand or reliance on these wood types. Notably, there is a compound annual growth rate (CAGR) that indicates consistent growth over the five-year forecast period.
Future trends to watch include the impact of sustainable forestry practices on supply, potential trade policy changes, and shifting consumer preferences towards environmentally friendly products, which could influence import levels. Monitoring these factors will be crucial for understanding future import dynamics in the US market.
