The wood residues production in Indonesia remained stable at 388.0 thousand cubic meters annually from 2013 to 2023. This stability signifies no variation in production volume for the entire decade. As of 2023, the series stood at 388.0 thousand cubic meters with a slight year-on-year decrease of -0.0013% and a five-year average CAGR of -0.00026%.
Forecast data indicates a marginal decline in wood residues production from 2024 onwards, with the volume predicted to decrease gradually to 387.97 thousand cubic meters by 2028. This reflects a projected five-year growth rate of -0.01% and a forecast five-year CAGR of 0%, underscoring a negligible yet consistent downward trend.
Looking ahead, key trends to watch include advancements in sustainable forestry practices, potential shifts in global demand for wood products, and innovations in recycling and reusing wood residues that could further impact production volumes.
