The non-coniferous wood fuel production in Indonesia has seen a steady decline from 2013 to 2023, with the volume in 2023 standing at 35.856 million cubic meters. From 2013 to 2023, the production has decreased consistently due to multiple factors, showing a compound annual growth rate (CAGR) of approximately -4.15% initially, tapering down to -3.24% over the last five years. Specifically, the year-on-year variation from 2022 to 2023 was -2.77%, indicating a deceleration in the rate of decline.
Forecasts from 2024 predict a continued decline in non-coniferous wood fuel production, with an expected volume of 30.939 million cubic meters by 2028. The average annual decrease over the next five years (CAGR) is projected to be -2.35%, summing to an overall decrease of approximately 11.23% by 2028. This forecast indicates a potential stabilization of the decline, albeit at a slower rate compared to previous years.
Future trends to watch for include initiatives for sustainable forest management, potential shifts towards renewable energy sources, and impacts of regulatory changes. Tracking these factors will be crucial for anticipating further developments in Indonesia's non-coniferous wood fuel production.
