In 2023, the production of non-coniferous wood fuel in South Africa stood at 12.032 million cubic meters. Based on the forecasted data, production is expected to grow steadily from 12.063 million cubic meters in 2024 to 12.183 million cubic meters by 2028. This indicates a consistent annual growth rate of approximately 0.25%.
Year-on-year variations:
- 2024-2025: +0.26%
- 2025-2026: +0.25%
- 2026-2027: +0.24%
- 2027-2028: +0.25%
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 0.25%, reflecting a stable, albeit slow, upward trend in production.
Future trends to watch for include potential changes in domestic energy policies, advancements in sustainable wood fuel technology, and the impact of climate change on wood fuel resources. Monitoring these factors will be critical to understanding the long-term outlook for the non-coniferous wood fuel market in South Africa.
