The production of Pulpwood, Round and Split in Thailand has remained constant at 2.9 million cubic meters from 2013 through 2022. The first notable increase occurred in 2023, where production rose to 2.925 million cubic meters, reflecting a year-on-year growth of 0.86%. The compound annual growth rate (CAGR) over the past five years, ending in 2023, stands at 0.17%.

Looking ahead, the forecasted production for 2024 is 2.9497 million cubic meters, gradually increasing each year, reaching 3.0459 million cubic meters by 2028. This suggests a forecasted five-year CAGR of 0.64% and an overall forecasted growth rate of 3.26% from 2024 to 2028.

Future trends to watch for:

Emerging demand for sustainable and eco-friendly products which may drive higher pulpwood production.
Potential government policies promoting forestry and production efficiency.
Technological advancements that could enhance productivity and support steady growth.