The import of Oak lumber to Japan is forecasted to decline from 17.55 thousand cubic meters in 2024 to 14.69 thousand cubic meters in 2028, indicating a steady downward trend. The year-on-year decrease averages around 4.3%. In 2023, the actual import value was slightly above 18 thousand cubic meters, showing a continued demand for Oak lumber, yet a declining trend. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately -3.18%, demonstrating a consistent decrease in import volume.
Future trends to watch for include potential shifts in Japan's domestic supply capabilities or the emergence of substitutes for Oak lumber, which could alter import patterns. Environmental policies and technology changes within the lumber industry may further influence Japan's procurement strategies.
