The non-coniferous sawnwood production in Canada in 2023 stood at 862.5 thousand cubic meters. Based on the forecasted data, production is expected to witness a slight year-on-year decline reaching 854.57 thousand cubic meters by 2028. Specifically, the projected values are 860.29 thousand cubic meters in 2024, 858.84 in 2025, 857.4 in 2026, 855.98 in 2027, and 854.57 in 2028. This indicates minor annual decreases:
- 0.17% from 2024 to 2025
- 0.17% from 2025 to 2026
- 0.17% from 2026 to 2027
- 0.16% from 2027 to 2028
Over the last five years, the Compound Annual Growth Rate (CAGR) for non-coniferous sawnwood production is -0.18%, reflecting an overall marginal decline.
Future trends to watch for include changes in demand for non-coniferous wood, potential impacts of forestry regulations, and technological advancements in wood processing which may affect production volumes.
