Thailand's non-coniferous industrial roundwood production remained constant at 14.6 million cubic meters from 2013 to 2022. In 2023, production saw a modest increase to 14.707 million cubic meters, marking a year-on-year growth of 0.73%. This is reflected in the CAGR over the last 5 years, which stands at 0.15%. Moving forward, production is forecasted to grow steadily, reaching 15.225 million cubic meters by 2028 with a forecasted 5-year CAGR of 0.55% and a growth rate of 2.78% over this period.

Future trends to watch for include:

Potential policy changes affecting wood production and the impact on sustainability practices.
Technological advancements in the forestry sector that could enhance efficiency and increase production.
Global demand shifts for wood products and how they may influence Thailand’s production levels.