Non-Coniferous Roundwood production in South Korea has experienced a general decline from 2013 to 2023, starting at 1.99 million cubic meters in 2013 and decreasing to 1.6501 million cubic meters in 2023. Key variations include a sharp drop of 6.87% in 2016 and a moderate increase of 1.48% in 2023.
The year-on-year variation shows a small recovery of 0.35% CAGR from 2024 to 2028, after consistent negative CAGR values in earlier years. Future values are forecasted to reach 1.6863 million cubic meters in 2028, indicating a slow but steady increase.
Future trends to watch for:
- Sustainable forestry practices impacting production levels
- Economic policies affecting the forestry sector
- Advancements in wood processing technology
- Environmental regulations influencing roundwood demand and supply
