The non-coniferous roundwood production in Malaysia for the year 2023 was recorded at 16.75 million cubic meters. In 2024, production is forecasted to decrease to 16.399 million cubic meters, a decline of 2.1%. This downward trend continues with the forecast of 16.052 million cubic meters for 2025, and a further reduction of 2.1%. The pattern remains consistent through 2026 (15.708 million cubic meters), 2027 (15.368 million cubic meters), and 2028 (15.032 million cubic meters) with an approximate annual decline rate of around 2.3%.
Over these five years, calculations indicate a compound annual growth rate (CAGR) of -2.4%, illustrating a consistent downward trend in non-coniferous roundwood production in Malaysia.
Future trends to watch for include potential impacts of reforestation and sustainable forestry initiatives, government policies and interventions, shifts in international demand, and possible technological advancements in the timber industry that might alter production efficiency and volumes.
