The forecast for sawnwood production in the Philippines shows a consistent decline from 2024 to 2028. In 2023, the production volume stood at 369.4 thousand cubic meters. The year-on-year variation indicates a decrease of 1.5% between 2024 and 2025, 1.5% between 2025 and 2026, 1.5% between 2026 and 2027, and 1.5% between 2027 and 2028. The five-year CAGR forecasts an average annual decline of approximately 1.5%.
Future trends to watch for include potential impacts of environmental regulations on logging practices, technological advancements in sustainable sawnwood production, and shifts in domestic and global demand due to economic factors or shifts toward alternative building materials.
