Key Market Indicators
Bulgarian Forestry Revenue is projected to decline to approximately 709,000 hectares by 2028 from around 748,000 hectares in 2023. This represents an annual decrease of 0.9% in compound annual growth rate (CAGR). The trend of declining forestry revenue in Bulgaria is not new. Since 1995, the country's forestry supply has been decreasing at an average rate of 1.3% annually. The data underscores ongoing challenges in the sector, highlighting a need for sustainable practices to reverse or mitigate the decline.
