The production of wood residues in Chile has remained remarkably stable from 2013 to 2022, consistently logging 1.916 million cubic meters annually. In 2023, a slight increase to 1.9165 million cubic meters was observed, marking a 0.028% year-on-year variation. Over the last five years, the compound annual growth rate (CAGR) has averaged at 0.0057%, indicating minimal volatilities and a consistent production pattern.
Looking ahead to the forecast period (2024-2028), the production is projected to subtly increase, reaching 1.9169 million cubic meters by 2028. This suggests a slight upward trend with an overall five-year growth rate of 0.01%. The forecasted CAGR from 2024 to 2028 remains negligible, maintaining a flat trend.
Future trends to watch for include potential technological advancements in wood processing, environmental regulations affecting production, and market demand shifts which may influence the stability of this industry.
