In 2023, Spain’s imports of wood were at 2.60 million metric tons. Based on the forecasted data, Spain is expected to see a year-on-year decrease in wood imports from 2024 to 2028. The imports are projected to be 2.49 million metric tons in 2024, decreasing to 2.07 million metric tons by 2028. This indicates a consistent reduction, highlighting a negative trend over the forecast period.
Year-on-year variations are as follows:
- 2025: -4.42%
- 2026: -4.20%
- 2027: -4.82%
- 2028: -4.61%
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately -4.56%, illustrating an average annual decline.
Future trends to watch for include potential shifts in global wood supply chains, advancements in sustainable materials reducing the need for imports, and economic factors within Spain that may impact demand for imported wood. Monitoring these factors will be crucial in anticipating future import trends.
