Between 2013 and 2023, the production of pulpwood, round and split in Argentina experienced fluctuations. Starting at 5.852 million cubic meters in 2013 and decreasing to 5.0331 million cubic meters in 2023, this indicates an overall minimal decline, where the year-on-year variations ranged from significant drops like -13.88% in 2014 to modest increases, such as 0.19% in 2023. The last five years' Compound Annual Growth Rate (CAGR) stands nearly flat at 0.037%. The highest annual growth within this period was 14.82% in 2019, while the sharpest decline was -11.01% in 2018.
Looking forward from 2024, forecasted data predicts a continuous gradual decline with a five-year forecasted CAGR of -0.84%, reaching 4.7755 million cubic meters by 2028, signaling a 4.12% decrease over this period.
Future trends to watch for:
• Emerging sustainability regulations which might impact production levels.
• Advances in forestry management and pulpwood processing technologies.
• Variations in global demand for pulpwood products, particularly from major consumers like China and Europe.
• Impact of climate change on forestry productivity and land use patterns.
• Economic factors influencing investment in the forestry sector in Argentina.