Forecast: Industrial Roundwood Production in Angola

Industrial roundwood production in Angola saw a modest upward trend from 2013 to 2022, starting at 1.151 million cubic meters in 2013 and reaching 1.25 million cubic meters by 2022. While production increased yearly between 2013 and 2017, it remained flat at 1.25 million cubic meters from 2018 to 2022. The year-on-year growth from 2022 to 2023 was 0.41%, with production standing at 1.2552 million cubic meters.

During the most recent five-year period, the compound annual growth rate (CAGR) was 0.083%. Looking ahead, the forecast predicts a slight increase in production, reaching 1.2801 million cubic meters by 2028, with a forecasted five-year CAGR of 0.31%.

Future trends to watch for:

  • Technological advancements in forestry management and harvesting.
  • Government policies and regulations impacting forestry operations.
  • Market demand fluctuations for industrial roundwood, both domestically and internationally.
  • Climate change and environmental concerns affecting forestry yields.

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