Key Market Indicators
Omani Forestry Revenue is projected to decline to 0.3 thousand hectares by 2028, down from 0.37 thousand hectares in 2023. This represents an annual decrease of 3.3%, according to the Compound Annual Growth Rate (CAGR). The downward trend in forestry revenue is not a recent development. Since 1995, Oman's forestry supply has been consistently shrinking, with an average annual reduction of 9%. This long-term decline raises concerns about the sustainability and future prospects of the forestry sector in Oman.