Forecast: Industrial Roundwood Production in China

The industrial roundwood production in China was 183.55 million cubic meters in 2023, showcasing a gradual recovery and positive growth trend after a period of variability. Year-on-year variation reflected a 1.02% increase from 2022. Production had seen significant fluctuations from 2013 to 2022, with notable declines in 2014 and 2015, followed by consistent production levels from 2018 to 2022. The forecast for the next five years suggests a continuing upward trend, with expected production reaching 192.47 million cubic meters by 2028, marking a forecasted 5-year CAGR of 0.75% and an overall 3.83% growth rate over the period.

Future trends to watch for include potential impacts of environmental regulations, technological advancements in wood production, and shifts in domestic and international demand. Monitoring these factors will be crucial for anticipating and navigating changes in the industry.

Top Countries about Wood