The production of industrial roundwood in Malaysia has exhibited a fluctuating trend from 2013 to 2023, with a notable decrease from 16.748 million cubic meters in 2013 to 14.46 million cubic meters in 2023. This period saw both sharp declines and occasional increases in output. Over the past two years (2022-2023), production decreased by 2.24%. The compound annual growth rate (CAGR) over the last five years (2018-2023) was -0.53%, indicating a general decline. Forecasts suggest that by 2028, production will continue to decrease, with a forecasted CAGR of -1.82% and an overall shrinkage of 8.75% from 2024.
Future trends to watch for include potential impacts of environmental policies, market demand changes particularly from key importing countries, technological advancements in forestry, and the effectiveness of sustainable forest management practices. Monitoring these factors will be crucial for accurately predicting future production levels and identifying opportunities for stabilization or growth.
