Argentina's sawnwood production has experienced fluctuations over the past decade. In 2023, it stood at approximately 3.18 million cubic meters. From 2013 to 2023, the production has shown variability, with significant drops in certain years such as in 2014 (-23.56%) and 2021 (-15.93%), and notable increases in other years such as 2017 (28.43%). The CAGR over the last five years was -4.6%, indicating an overall decline.
In the last two years, the year-on-year variations were relatively small at -15.93% in 2021 and 1.58% in 2022, suggesting slightly recovering stability. The projected CAGR from 2024 to 2028 is modest at 0.05%, with a minimal growth rate of 0.24%, indicating a relatively stagnant future trend.
Future trends to watch for:
- Technological advancements in production methods.
- Environmental regulations impacting forestry and production processes.
- Market demand shifts driven by global economic conditions.
- Potential impact of climate change on forestry resources.