The production of coniferous pulpwood, round and split in Japan was around 2.76 million cubic meters in 2023. Forecasts suggest a gradual increase in production, reaching approximately 2.941 million cubic meters by 2028. This indicates a steady year-on-year growth rate of around 1.3% from 2024 to 2028. Analyzing the last two years and up to 2028, the average annual compound growth rate (CAGR) is likely to remain stable at around 1.28%.
Future trends to watch for:
- Shifts in global demand for coniferous pulpwood due to environmental regulations.
- Technological innovations in forestry that could impact productivity.
- Influence of sustainable practices affecting production methods and volumes.
- Economic factors impacting domestic and international markets for pulpwood.