The sawnwood production in Chile has displayed both growth and fluctuation over the past decade. In 2023, the production stood at 8.7954 million cubic meters, with a year-on-year increase of 1.29% and a five-year CAGR of 1.53%. The production saw a notable decline in 2017 and 2019, while achieving significant growth in 2015 and particularly in 2021 with a 10.28% increase.
Forecasts indicate that sawnwood production will continue to grow, reaching 9.3358 million cubic meters by 2028, with an average annual growth rate of 0.95% over the forecast period, amounting to an overall increase of 4.83% by 2028.
Future trends to watch for include:
- Market demand fluctuations influenced by global supply chain dynamics and economic conditions.
- Technological advancements in sawmilling and forestry management improving efficiency.
- Environmental policies and sustainable forestry practices affecting production capacities and operational costs.