The production of Coniferous Pulpwood, Round and Split in Belgium experienced various fluctuations between 2013 and 2023. After a 3.98% increase in 2013, the production decreased by 4.17% in 2014, followed by a period of stability with the production values remaining constant from 2015 to 2017. In 2018, production saw another decrease of 4.35%, and then stabilized again from 2019 to 2022. The year 2023 marked a slight upturn with a 1.05% increase, bringing the volume to approximately 1.1115 million cubic meters. The Compound Annual Growth Rate (CAGR) over the last 5 years averaged at 0.21%.
The forecasted data from 2024 to 2028 suggest a gradual increase in production, with year-on-year growth rates improving slightly each year. The 5-year forecasted CAGR stands at 0.78%, indicating a steady but modest growth in the production of Coniferous Pulpwood.
Future trends to watch for include potential fluctuations in demand for pulpwood in Belgium's domestic and international markets, advances in forestry and wood processing technologies, and policy changes related to sustainable forestry practices.
