In 2023, Japan's volume of plywood imports stood at 2.745 million cubic meters. According to the forecasted data for 2024 to 2028, Japan's plywood imports are expected to grow steadily, reaching 2.8211 million cubic meters by 2028. This constitutes a year-on-year increase of approximately 0.55% from 2024 to 2025, 0.55% from 2025 to 2026, 0.54% from 2026 to 2027, and 0.53% from 2027 to 2028. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) is projected to be around 0.54% per year.
Future trends to watch for include:
- The impact of environmental regulations on the plywood supply chain could affect import volumes.
- Diversification of sources and potential geopolitical tensions might influence import trends.
- Technological advancements and material alternatives could reduce the reliance on traditional plywood components.