In 2023, the turnover in the Forestry and Logging Sector in Brazil stood at 2.3 billion Brazilian Reals. From 2024 onwards, the sector is expected to see steady growth: from 2.35 billion in 2024 to 2.52 billion by 2028. The year-on-year growth rates are approximately 2.13% for each consecutive year, reflecting stable expansion. The compound annual growth rate (CAGR) for the period 2024-2028 is estimated at 1.83%.
Future trends to watch for include:
- The impact of environmental policies and sustainability practices on sector growth.
- Technological advancements in logging techniques that may increase efficiency.
- Potential shifts in international demand for forestry products due to economic or trade changes.
- Climate change effects on forest productivity and resource availability.