The production of wood residues in Japan was recorded at 7.3722 million cubic meters in 2023. Forecasted data for 2024 indicates a production of 7.5723 million cubic meters, marking a year-on-year increase of approximately 2.72%. This upward trend is expected to continue through 2025 and 2026, with estimated productions of 7.7754 and 7.9764 million cubic meters respectively.
By 2027, the production is projected to reach 8.1754 million cubic meters, further increasing to 8.3724 million cubic meters in 2028. Over these five years, the compound annual growth rate (CAGR) would be about 2.59%.
Future trends to watch for include advancements in wood processing technologies, changes in domestic and international market demands, and the impact of environmental regulations. Additionally, the development of renewable energy sources and the circular economy may influence the supply and use of wood residues.
