The non-coniferous sawnwood production in Chile experienced variability from 2013 to 2023, standing at 189.35 thousand cubic meters in 2023. Production saw a notable increase in 2019 followed by a general decline. Year-on-year variations were significant, with a peak increase of 79.53% in 2019, while the most recent data showed a decline of 3.85% in 2023. Looking at the CAGR, between 2018 and 2023, the industry grew at an average annual rate of 8.56%. However, the forecasted CAGR for the next five years suggests a decrease by 1.57%, pointing towards a potential downturn in production levels.
Future trends to watch for include:
- Potential impacts of global economic conditions on export demand
- Technological advancements in sawmilling processes
- Environmental regulations and their influence on sustainable forestry practices
- Domestic policies affecting the forestry sector
