In 2023, the actual import value of oak logs to China was not specified. Based on the forecasted data, there is a steady increase in import values from 2024 through 2028, with each year seeing an approximate increase of 4% over the previous year. The compound annual growth rate (CAGR) over this period is expected to be around 4.8%.
Future trends to watch for include:
- Potential environmental regulations impacting supply chains.
- Fluctuations in demand due to changes in the construction and furniture industries.
- Trade policies affecting import tariffs or quotas.