In 2023, the sold production value of tropical wood veneer sheets and sheets for plywood sawn lengthwise, sliced, or peeled at most 6 mm thick in France was 404.80 thousand Euros. From 2024 to 2028, a clear downward trend is observed. The year-on-year decline from 2024 to 2025 is 10.02%, from 2025 to 2026 is 11.03%, from 2026 to 2027 is 12.27%, and from 2027 to 2028 is 13.85%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is -10.02%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards more sustainable materials.
- Developments in tree plantation and forest management practices that could impact supply.
- Regulatory changes impacting the import and export of tropical wood.
- Technological advancements in alternative materials that may influence market demands.