Based on the projected data for wood chips and wood particles production in Norway from 2024 to 2028, we observe a steady decline in production volume. The production forecast shows a decrease from 1.6305 million cubic meters in 2024 to 1.3706 million cubic meters in 2028.
Year-on-year variations:
- 2024 to 2025: Decrease of 4.04%
- 2025 to 2026: Decrease of 4.17%
- 2026 to 2027: Decrease of 4.31%
- 2027 to 2028: Decrease of 4.46%
The annual average decrease (CAGR) over the five-year period is approximately 4.25%.
Future trends to watch for include potential shifts in demand for wood-based energy sources, advancements in wood processing technology, and changes in forestry management practices that could influence supply. Additionally, policy changes regarding renewable resources and sustainability could significantly impact production levels.
