Roundwood production in Vietnam is forecasted to see a gradual increase from 58.872 million cubic meters in 2024 to 61.846 million cubic meters in 2028. In 2023, production stood at 58.000 million cubic meters. The year-on-year variations reflect a steady growth: 1.28% from 2023 to 2024, 1.28% from 2024 to 2025, 1.25% from 2025 to 2026, 1.23% from 2026 to 2027, and 1.20% from 2027 to 2028. The CAGR for the period from 2024 to 2028 is approximately 1.25%.
Future trends to watch for include the impact of sustainable forestry practices, governmental policies on deforestation, and advancements in wood processing technologies. Monitoring shifts in global demand for roundwood and potential environmental regulations will also be critical for understanding long-term market dynamics.
