The re-import of plywood, specifically with 1 or 2 outer ply non-coniferous to China, is projected to consistently increase from 2024 through 2028. In 2024, figures show a projected volume of 689.55 cubic meters, rising to 767.26 cubic meters by 2028. This reflects a steady annual increase in import volume, with a notable compound annual growth rate (CAGR) indicating robust demand and market recovery.
Future trends to watch for include:
- Potential policy changes impacting international trade and import quotas in China.
- Shifts in global supply chain dynamics that could affect availability and cost of materials.
- Technological advancements in plywood manufacturing that might influence consumer preferences and demand.