The forecasted production of Non-Coniferous Industrial Roundwood in the US shows a steadily declining trend from 2024 to 2028. In 2023, actual production stood at 74.498 million cubic meters. By 2024, production is projected to decrease to 72.71 million cubic meters, reflecting a year-on-year decrease of approximately 2.4%. This declining trend continues, with values falling to 70.931 million cubic meters in 2025 (a 2.4% decline from 2024), 69.169 million cubic meters in 2026 (a 2.5% decline from 2025), 67.425 million cubic meters in 2027 (a 2.5% decline from 2026), and 65.698 million cubic meters in 2028 (a 2.6% decline from 2027).
Looking at the overall period, the compound annual growth rate (CAGR) from 2023 to 2028 is approximately -2.5%, indicating an average annual decline in production of 2.5%.
Future trends to watch for include potential changes in environmental regulations, technological advancements in wood processing, and shifts in domestic and global demand for non-coniferous timber products. Monitoring these factors will be crucial for predicting future production levels and market dynamics.
