In 2023, the production of coniferous sawnwood in Spain stood at 2.80 million cubic meters. The forecasted data show a steady increase, with values expected to reach 2.83 in 2024, 2.86 in 2025, 2.89 in 2026, 2.93 in 2027, and 2.96 million cubic meters in 2028. The year-on-year variations are modest, indicating a gradual growth trajectory.
Key observations:
- 2024: +1.07%
- 2025: +1.06%
- 2026: +1.05%
- 2027: +1.38%
- 2028: +1.02%
The average Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) is approximately 1.08%, depicting a consistent upward trend for coniferous sawnwood production.
Future trends to watch for include potential impacts from environmental regulations, technological advancements in logging and processing, and market demand fluctuations both domestically and internationally. Analyzing the impact of these trends will be vital for strategic planning within the industry.