Vietnam's wood residues production showed significant fluctuations and growth over the past decade, starting at 350.0 thousand cubic meters in 2013 and reaching 670.04 thousand cubic meters in 2023. The period from 2015 to 2017 saw marked growth, with a particularly notable increase of 57.14% in 2015. Production plateaued at 650.0 thousand cubic meters from 2018 to 2022. In 2023, production experienced a slight uptick of 3.08% from the previous year. Looking ahead, forecasts indicate steady growth, with a forecasted 5-year CAGR of 2.14% from 2024 to 2028, resulting in an estimated volume of 766.84 thousand cubic meters in 2028.

Future trends to watch for:

Technological advancements in wood processing and residue management.
Environmental regulations impacting production practices.
Market demand shifts, particularly from evolving energy sectors utilizing wood residues for biomass energy.