In 2023, non-coniferous roundwood production in Saudi Arabia stood at 326.43 thousand cubic meters. The forecasted data from 2024 to 2028 shows a steady increase. By 2024, production is expected to reach 329.38 thousand cubic meters, marking a year-on-year increase of approximately 0.9%. This growth continues consistently through 2028, with each year showing a similar percentage increase. By 2028, production is anticipated to be 341.41 thousand cubic meters, signifying a 1.5% growth compared to the previous year. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is expected to average around 0.9% per year.
Future trends to watch for:
• Potential changes in environmental regulations and policies could impact production.
• Technological advancements in sustainable forestry practices could affect the efficiency and volume of production.
• Fluctuations in global demand for non-coniferous roundwood could influence Saudi Arabia’s production levels.
