Non-coniferous wood fuel production in China was reported at 92.948 million cubic meters in 2023. Over the past decade, production has shown a consistent decline, with year-on-year variations averaging around -1.79% to -1.87% annually up until 2020. Notably, from 2021 onwards, the decline rate has decelerated, with minimal changes seen in 2021 and 2022, at -0.0013% and 0% respectively. However, in 2023, production decreased by 0.52% from the previous year.
The average annual variation (CAGR) over the last five years stands at -0.85%. Future forecasts suggest a continued, albeit slower, decline in production with a forecasted CAGR of -0.41% over the next five years, resulting in a 2.01% aggregate reduction by 2028.
Future trends to watch for include potential impacts from environmental policies, advances in alternative energy sources, and economic factors influencing wood fuel demand and production capabilities. Additionally, shifts in global trade dynamics could either mitigate or exacerbate this downtrend.
