In 2023, China led global wood residues production with 105.39 million cubic meters, showing a modest growth of 0.27% year-on-year. Brazil, despite being the second-highest producer, experienced a decline of 0.35%. The United States and Russia exhibited stronger growth of 2.15% and 3.39%, respectively. European countries like France and Germany also saw positive increments, while Sweden faced a sharp decrease of 10.22%. Japan and South Korea showed considerable growth in the Asian region. Conversely, Latvia encountered a significant decline of 27.24%, which is worth noting for its potential impact on the region.
Looking ahead, the global wood residues production landscape might experience shifts. Growth in countries such as Romania, with its notable 9.79% increase, indicates potential for future expansion. On the other hand, countries with substantial declines like Latvia, Belgium, and Costa Rica may face challenges that could affect their market standings. Technological advancements, sustainability practices, and evolving market demands will be key factors influencing future trends in global wood residues production.
Top countries in Wood Residues Production by Country
| # | 10 Countries | Cubic Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 105,390,000 | 2023 | +1.34% | +0.27% | View data |
| 2 | 2 Brazil | 18,810,000 | 2023 | -1.72% | -0.35% | View data |
| 3 | 3 United States | 16,482,000 | 2023 | +0.73% | +2.15% | View data |
| 4 | 4 Russia | 10,159,000 | 2023 | +1.59% | +3.39% | View data |
| 5 | 5 France | 9,607,300 | 2023 | +1.93% | +3.16% | View data |
| 6 | 6 Canada | 8,902,100 | 2023 | +1.46% | +0.29% | View data |
| 7 | 7 Poland | 7,393,800 | 2023 | +1.98% | -0.017% | View data |
| 8 | 8 Japan | 7,367,200 | 2023 | +2.91% | +1.7% | View data |
| 9 | 9 Thailand | 5,999,800 | 2023 | -0.0041% | -0.00082% | View data |
| 10 | 10 Sweden | 5,531,300 | 2023 | -3.08% | -10.22% | View data |
