Biomass consumption in South Africa for 2024 is forecasted at 34.07, showing a slight increase of 1% from 2023's actual value of 33.73. The subsequent years forecast gradual growth: 34.41 in 2025 (up 1% year-on-year), 34.74 in 2026 (up 1% year-on-year), 35.07 in 2027 (up 1% year-on-year), and 35.39 in 2028 (up 1% year-on-year). The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1% per year.
Future trends to watch for include advancements in biomass technology, government policies on renewable energy, and potential changes in both domestic and international biomass markets. Sustainability initiatives and economic factors will also play critical roles in shaping the long-term biomass consumption trend in South Africa.
