Japan's industrial roundwood imports are forecasted to decline significantly from 2024 to 2028. Starting at 1.9457 million cubic meters in 2024, imports are expected to fall to 0.86982 million cubic meters by 2028. This represents a compound annual growth rate (CAGR) decline over the five-year period. In comparison, the figures indicate a sharp year-on-year percentage drop, with the most substantial decreases occurring in the latter years. As of 2023, Japan's actual import volume stood significantly higher than projected figures, underscoring this downward trend.
Future trends to watch for include strategic adaptations by the Japanese timber industry in response to declining imports. Key factors might include increased reliance on domestic timber, advancements in wood processing technology, and shifts in market demand influenced by sustainability goals.
