Wood fuel production in Australia saw notable shifts from 2013 through 2023, starting at 4.745 million cubic meters in 2013 and declining to 3.8519 million cubic meters in 2023. Significant year-on-year variations included a substantial 13.67% drop in 2015 and a 5.63% decline in 2020. The compounded annual growth rate (CAGR) over the five years ending in 2023 was -1.2%. Forecasted data indicate a continued decline, reaching 3.5726 million cubic meters by 2028, with a 5-year CAGR of -1.2%.

Future trends to watch for:

Technological advancements in biomass energy production that could reverse the downward trend.
Policy changes and sustainability initiatives that could impact wood fuel production positively.
Market demand fluctuations driven by alternative renewable energy sources.