The production of pulpwood in China has experienced notable fluctuations over the past decade. Starting at 35.317 million cubic meters in 2013, the production saw a significant decline in 2014 by -22.59% but rebounded in subsequent years. From 2014 to 2018, production showed a consistent upward trend with slight year-on-year variations, culminating at 38.315 million cubic meters in 2018. This stable value was maintained from 2018 to 2023. In 2023, production increased to 39.663 million cubic meters, marking a 3.52% year-on-year rise. The past five years saw an average CAGR of 0.69%. Looking ahead, forecasts show a modest upward trajectory with a predicted CAGR of 1.25% from 2024 to 2028, reaching 42.912 million cubic meters in 2028.
Future trends to watch for:
• Increasing focus on sustainable forestry and production methods.
• Potential impact of government policies on environmental regulations and industry standards.
• Market demand fluctuations driven by global economic conditions and technological advancements in the pulp and paper industry.
