Panama Forestry Industry Outlook 2024 - 2028

See how Panama Forestry performed compared to key markets.

Key Market Indicators

Panama's forestry revenue is projected to expand significantly in the coming years. By 2028, the country's forestry sector is expected to cover approximately 70,000 hectares, up from around 67,000 hectares in 2023. This represents an annual growth rate of 0.6%. Historical data reveals a steady increase in Panamanian forestry supply, which has grown at an average rate of 0.8% per year since 1995. The consistent upward trend underscores the sector's resilience and potential for continued development.

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Panama Forestry Market Data and Forecasts

How much will Panama Forestry Market grow to 2028?

Forecast: Roundwood Production in Panama
Forecast: Non-Coniferous Roundwood Production in Panama
More in Forestry Industry for 2028