The production of non-coniferous wood fuel in Thailand has shown a consistent, albeit modest, decline over the past decade. Standing at 18.276 million cubic meters in 2023, the year-on-year decrease was 0.059%. Notably, the last five years reveal an average decline per year (CAGR) of -0.26%. Looking back further, from 2013 to 2023, the production has gradually fallen from 18.981 million cubic meters, with year-on-year decreases ranging from -0.52% to -0.059%.

Future trends to watch for include:

A continued gradual decline in production, with forecasted production reaching 18.225 million cubic meters by 2028.
A slow downtrend with an anticipated 5-year average annual decline (CAGR) of -0.04%, indicating a stabilization compared to the past decade.
Potential market shifts toward alternative energy sources which might affect future production levels.