Forecast: Wood Residues Production in Kenya

From 2013 to 2019, Wood Residues production in Kenya remained stable at 36.0 thousand cubic meters. A decrease occurred in 2020 with a 5.56% drop, maintaining at 34.0 thousand cubic meters through 2021 and 2022. In 2023, production increased by 6.2% to 36.11 thousand cubic meters.

Forecasts indicate a steady increase from 2024 to 2028, with production expected to reach 46.29 thousand cubic meters by 2028. This reflects a forecasted average annual growth (CAGR) of 3.92% and a total growth rate of 21.22% over the next five years.

Future trends to watch for include advancements in sustainable forestry practices, policy changes, and market demands in environmental and alternative energy sectors, which could further drive production increases or affect overall market dynamics.

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