Non-Coniferous Industrial Roundwood production in China is forecasted to grow from 154.1 million cubic meters in 2024 to 157.69 million cubic meters in 2028. This marks a consistent year-on-year increase over the forecast period. Looking back, in 2023, production stood at 153.21 million cubic meters, indicating a gradual upward trend.
Year-on-year percentage variations indicate steady growth:
- 2024: +0.58%
- 2025: +0.59%
- 2026: +0.58%
- 2027: +0.58%
- 2028: +0.56%
Over the last two years, the average annual growth rate was about 0.57%, and the Compound Annual Growth Rate (CAGR) over the five-year forecast period stands at around 0.58%, suggesting modest yet stable expansion.
Future trends to watch for include potential impacts of environmental regulations on logging practices, technological advancements in the forestry sector, and shifts in global timber demand which may influence production dynamics in China.
