Coniferous wood fuel production in China stood at 61.755 million cubic meters in 2023. Forecast data predicts a gradual decline, starting at 61.151 million cubic meters in 2024 and decreasing annually to 58.773 million cubic meters by 2028.
Year-on-year percentage decrease from 2024 to 2025 is approximately 0.99%, from 2025 to 2026 about 0.99%, and from 2026 to 2027 around 0.99%. The overall compound annual growth rate (CAGR) for the five-year forecast period from 2024 to 2028 is -0.98% per year.
Future trends to watch for:
- Technological advancements in alternative energy sources.
- Government policies affecting forest management and environmental protection.
- International demand shifts affecting export opportunities.
