In analyzing the forecasted import of plywood with 1 or 2 outer ply tropical hardwood to China, we observe a consistent decline from 2024 to 2028. The import volume decreases progressively from 32.59 to 25.06 thousand cubic meters. For context, in 2023, the actual volume was higher, highlighting a downward trend in imports.
The year-on-year percentage variation in forecasted values indicates a steady decrease, reflective of a shrinking demand or a strategic shift in sourcing. The compound annual growth rate over the forecast period emphasizes an overall negative trajectory in the industry.
Future trends to monitor include potential shifts in trade policies, fluctuating demand for tropical hardwoods, and evolving sustainability standards in China that could further impact imports.
