Egypt's sawnwood production remained stable at 12.0 Thousand Cubic Meters from 2013 to 2022. In 2023, production saw a decrease to 11.32 Thousand Cubic Meters, representing a year-on-year decline of 5.64%. The compound annual growth rate (CAGR) over the last five years leading to 2023 is -1.15%. From 2024 onwards, forecasts predict a continued decrease, with production expected to reach 10.45 Thousand Cubic Meters by 2028. The forecasted average annual decline (CAGR) over the next five years is -1.29%, equating to an overall reduction of 6.27% by 2028.
Future trends to watch for include:
- Market adjustments: Changes in domestic or global demand for sawnwood might influence production levels.
- Environmental policies: New regulations focused on sustainable forestry practices could impact production.
- Technological advancements: Adoption of more efficient production technologies could potentially alter forecasted trends.