In 2023, Japan imported 4.6875 million cubic meters of coniferous sawnwood. Forecasts for 2024 to 2028 show a gradual decline in import volumes from 4.6418 to 4.4688 million cubic meters, reflecting a consistent year-on-year decrease. The average annual growth rate (CAGR) for 2024 to 2028 is negative, indicating a steady decline over these five years.
Future trends to watch for:
- Potential shifts in Japan’s domestic timber production impacting import needs.
- Influence of global economic conditions on timber trade.
- Changes to trade agreements or tariffs affecting import volumes.
- Technological advancements in timber industry affecting demand dynamics.
