The production of wood chips, wood particles, and wood residues in Indonesia remained steady at 2.176 million cubic meters from 2013 to 2022. In 2023, production increased by 1.43% to 2.2072 million cubic meters. The projected data from 2024 to 2028 shows a consistent year-on-year growth, reaching 2.3575 million cubic meters in 2028.
Key trends:
- 2013-2022: Stable production, 0% year-on-year variation.
- 2023: Increase by 1.43%.
- 2024-2028: Predicted CAGR of 1.05%, with total growth of 5.35% over 5 years.
Future trends to watch for include the impact of environmental policies, advancements in wood processing technology, and shifts in global demand for wood products. Monitoring these factors can provide insights into future production dynamics in Indonesia.
