The forecast for the import of lumber made from Okoume, Obeche, Sapelli, Sipo, Acajou, and Makore wood to China from 2024 to 2028 shows a slight decline over the five-year period, dropping from 344.6 to 344.51 thousand cubic meters. Compared to 2023, the 2024 imports are stable, suggesting minimal variation over the years. The year-on-year contraction is subtle, under 0.02%, while over the next five years, the compound annual growth rate (CAGR) indicates a negligible average decline per annum.
Future trends to watch include potential changes in China's demand due to economic conditions, environmental policies potentially impacting wood importation, and shifts in global supply chains impacting the availability and price of these particular wood types.
