The forecast for the import of lumber of Meranti Red, Meranti Bakau, and White Lauan Wood to Germany shows a consistent decline from 2024 to 2028. The data begins with imports at 9.36 thousand cubic meters in 2024, dropping annually to reach 5.66 thousand cubic meters by 2028. Comparatively, imports were at 10.12 thousand cubic meters in 2023. The year-on-year percentage decrease reflects a gradual reduction in volumes, averaging a compound annual growth rate (CAGR) of approximately -7.06% over five years.
Future trends to monitor include:
- Potential changes in German construction and manufacturing industries that could influence demand for these specific types of wood.
- Environmental policies and sustainability trends could impact import levels and sourcing strategies.
- Market competition from alternative materials or regions supplying similar types of wood.
