The import value of wood and articles of wood, including wood charcoal, to China is forecasted to grow steadily from 2024 through 2028. In 2023, the import value stood at 30.917 billion USD. Year-on-year changes indicate a gradual increase: 2024 (+3.5%), 2025 (+3.5%), 2026 (+3.3%), 2027 (+3.1%), and 2028 (+3.0%). The 5-year compounded annual growth rate (CAGR) remains consistent, showcasing a stable growth trajectory in China's wood imports.
Future trends to watch include:
- Potential impact of environmental policies on wood import legislation.
- Shifts in supply chain dynamics, particularly influenced by global economic conditions and trade relations.
- Technological advancements in wood processing and utilization.
