Non-Coniferous Sawnwood production in Thailand has shown varied trends over the past decade, increasing significantly from 2.85 Million Cubic Meters in 2013 to a peak of 4.5 Million Cubic Meters in 2018 and 2019. By 2023, production stood at 4.2265 Million Cubic Meters. Year-on-year variations reveal key fluctuations, including substantial growth in 2016 and 2017, followed by a stabilization. The last two years saw minor declines with a slight recovery in 2023. The 5-year CAGR from 2019 to 2023 was -1.25%.
Looking forward to 2028, production is forecasted to grow at a modest five-year CAGR of 0.46%, reaching 4.3518 Million Cubic Meters. Future trends to watch include potential impacts of environmental regulations, advancements in sustainable forestry practices, and shifts in domestic and international demand for non-coniferous wood.
