Coniferous industrial roundwood production in Australia is forecasted to increase annually from 2024 to 2028. The production volume in 2023 was 16.923 million cubic meters. The projected values show steady growth: 2024 stands at 17.147 million cubic meters, 2025 at 17.332 million cubic meters, 2026 at 17.514 million cubic meters, 2027 at 17.695 million cubic meters, and 2028 at 17.874 million cubic meters.
Year-on-year variations are expected to be:
- 1.3% from 2023 to 2024
- 1.1% from 2024 to 2025
- 1.1% from 2025 to 2026
- 1.0% from 2026 to 2027
- 1.0% from 2027 to 2028
The last five-year Compound Annual Growth Rate (CAGR) is approximately 1.1% per year.
Future trends to watch for include the increasing demand for sustainable forestry products, potential impacts of climate change on forest growth, and variations in international trade policies that could affect export markets. Monitoring these factors will be crucial for anticipating changes in production volumes and market dynamics.
