Based on the data provided, roundwood production in Singapore is forecasted to show a consistent decline from 2024 to 2028. The year 2023 stood at an actual value higher than anticipated for the subsequent years. Specifically, values are expected to decrease year-on-year: -1.43% from 2024 to 2025, -1.46% from 2025 to 2026, -1.44% from 2026 to 2027, and -1.46% from 2027 to 2028. Over the last two years leading up to 2028, the trend persists with a negative CAGR indicating an average annual decline.

Future trends to watch for:

Environmental regulations: Increased environmental awareness and more stringent regulations could further impact roundwood production.
Technological advancements: Innovations in wood substitutes and sustainable practices might play a significant role in shaping the industry.
Market demand: Shifts in global demand for wood products, impacted by economic factors and consumer preferences, will be crucial.