From 2013 to 2015, Angola experienced gradual growth in non-coniferous industrial roundwood production, with the annual production rising from 1.151 million cubic meters to 1.213 million cubic meters. This period was characterized by varying growth rates, most notably a 4.12% increase in 2015. Between 2016 and 2023, production stabilized at around 1.25 million cubic meters. Noteworthy is the minor growth in 2023, reaching 1.2552 million cubic meters, reflecting a modest 0.41% year-on-year increase.
Looking forward from 2024 to 2028, forecasts predict a slight but steady rise in production, with an expected compound annual growth rate (CAGR) of 0.31%. The production is anticipated to reach approximately 1.2801 million cubic meters by 2028, marking an overall growth rate of 1.57% over five years. The non-coniferous industrial roundwood sector in Angola may see a slow yet steady upward trend.
Future trends to watch for:
- Trends in global demand for non-coniferous wood.
- Influence of environmental policies and regulations on logging activities.
- Development of sustainable forestry practices.
- Technological advancements in wood processing and resource management.
