In 2023, the import value of non-coniferous plywood, specifically 1 or 2 outer ply, to Brazil stood at a certain baseline. Forecast projections indicate a steady growth from 2024 through 2028, with annual increases in import value. Year-on-year growth rates suggest a consistent upward trend, reflecting a steady demand or competitive trade conditions. Over the five-year forecast period, the compound annual growth rate (CAGR) implies an average yearly increase, showcasing healthy market dynamics.
Future trends to watch for include:
- Evolving trade policies that could impact import costs.
- Changes in domestic demand for construction and manufacturing.
- Fluctuations in global timber supply affecting non-coniferous plywood availability.