Key Market Indicators
Peruvian forestry revenue is projected to expand to 1.13 million hectares by 2028, according to recent data. This marks a steady increase from the 1.11 million hectares expected in 2023. The sector is anticipated to grow at an average annual rate of 0.4%. This incremental growth follows a historical trend; since 1995, Peruvian forestry supply has consistently increased at an annual rate of 0.6%. The steady rise in forestry revenue underscores the ongoing development and potential within Peru's forestry sector.