Non-coniferous roundwood production in Egypt experienced a consistent, albeit modest, growth from 2013 through 2023. As of 2023, the production stood at 18.197 million cubic meters. Analyzing year-on-year variations, we observe a generally stable growth pattern with annual increases averaging around 0.17% up until 2021. However, growth slightly decelerated in recent years, with a notable slowdown to 0% in 2022 before picking up marginally by 0.064% in 2023.
The cumulative average growth rate (CAGR) over the last five years leading up to 2023 averaged 0.12%. Forecasts for the next five years predict a further deceleration, with an expected CAGR of 0.05% and a total growth rate of approximately 0.24% by 2028.
Future Trends to Watch For:
- Potential for technological advancements and improved forestry management practices to boost production efficiency.
- Assessment of environmental policies and their potential impact on production levels.
- Monitoring global demand for non-coniferous roundwood and how it influences local production trends in Egypt.
