Forecast: Re-Import of Lumber of Okoume, Obeche, Sapelli, Sipo, Acajou, Makore Wood to Canada

In 2023, the re-import value of Okoume and related woods into Canada was X thousand USD. Over the forecast period from 2024 to 2028, there is an expected decline in re-import value, decreasing from 2.13 to 1.12 thousand USD by 2028. Year-on-year changes show decreasing percentages, and over this five-year span, the compound annual growth rate (CAGR) reflects a negative trend. This indicates a steady reduction in the re-import activity of these wood types.

Future trends to watch for:

  • Changes in global trade policies affecting lumber imports.
  • Fluctuations in demand for Okoume, Obeche, Sapelli, Sipo, Acajou, and Makore wood.
  • Exchange rate fluctuations impacting import costs.
  • Environmental regulations and their impact on sourcing.

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