Market movement
In 2024, wood: tropical (including unassembled strips and friezes for parquet flooring), continuously shaped along any edges, ends or faces, whether or not planed, sanded or end-jointed trade exhibited significant decline, with global flows reaching $848,512,493 and a three-year compound annual growth rate of -9.2% (five-year: -1.6%). The all-time peak of $1,192,789,797 was recorded in 2022; the current level is 29% below that high-water mark.
Over the 30-year observation window (1995–2024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-9.0% acceleration).
