Key Market Indicators
Guatemala's forestry sector is on a steady upward trajectory, with projections indicating that forestry revenue will expand to approximately 182,000 hectares by 2028. This marks a growth from around 164,000 hectares in 2023. The industry is expected to grow at an average annual rate of 1.6%, reflecting a consistent upward trend. Historical data reveals that since 1995, Guatemala's forestry supply has been increasing at an average annual rate of 2.6%. These figures highlight the robustness of Guatemala's forestry sector and underscore the ongoing efforts to expand and sustain this crucial industry.