Coniferous sawnwood production in Chile has shown fluctuating growth between 2013 and 2023. The year-on-year growth rates have varied, displaying peaks of over 10% in 2021 and contractions in 2017, 2019, and 2020. As of 2023, the production stood at 8.6011 million cubic meters, reflecting a steady increase with a year-on-year growth rate of 1.35%. The CAGR over the last five years stood at 1.4%, indicating moderate growth.
Forecasted data for 2024-2028 suggests continued steady growth with a predicted CAGR of 0.99% and an overall forecasted growth rate of 5.05%. This points to a positive albeit slow upward trend in production.
Future trends to watch for:
- Impacts of global trade policies on Chile's timber exports
- Economic fluctuations influencing domestic and international demand
- Technological advancements in sustainable forestry practices
- Environmental regulations affecting production capabilities
