The production of wood chips, wood particles, and wood residues in Paraguay has demonstrated remarkable stability from 2013 to 2022, holding consistently at 31.6 thousand cubic meters each year. A slight increase occurred in 2023, reaching 32.07 thousand cubic meters, with a year-on-year growth rate of 1.47% and an average CAGR of 0.29% over the past five years.
Forecasts for the future indicate a gradual rise in production volumes, projecting an increase to 34.24 thousand cubic meters by 2028. This suggests a five-year CAGR of 1.03% and a total growth rate of 5.28% over the period from 2024 to 2028.
Future trends to watch for include:
- Potential advances in sustainable forestry practices and technologies.
- Shifts in global demand for biofuels and renewable energy sources.
- Impact of environmental policies and regulations on production capacities.
- Development of international trade agreements affecting the wood industry.
