In 2023, Japan's wood fuel import stood at 5.20 thousand cubic meters. From 2024 to 2028, forecasts show a steady increase: 5.28, 5.36, 5.44, 5.51, and 5.59 thousand cubic meters respectively. This indicates a consistent growth trend in import volumes, with a year-on-year variation of approximately 1.52% over the five-year period. The compound annual growth rate (CAGR) is projected to be around 1.83%, highlighting a stable demand for wood fuel imports.
Future trends to watch for include fluctuations in global wood fuel supply, changes in Japan’s energy policies aiming for sustainability, and advancements in renewable energy technologies which may impact the reliance on wood fuel imports.
