Key Market Indicators
Azerbaijani forestry revenue is projected to expand to 311,000 hectares by 2028, according to recent forecasts. This marks a slight increase from the 309,000 hectares recorded in 2023, representing an average annual growth rate of 0.1%. The forestry sector in Azerbaijan has demonstrated steady growth since 1997, with supply increasing at an average annual rate of 0.7% over the past decades. This consistent upward trend underscores the resilience and potential of the country's forestry industry.
