The production of wood residues in Thailand remained relatively stable from 2013 to 2014 at 4.1 million cubic meters. In 2015, production saw a significant increase, doubling to 8.2 million cubic meters. This was followed by a significant decline in 2016 to 6.0 million cubic meters, maintaining this level consistently through to 2022. However, in 2023, a slight decrease was observed with production reaching 5.9998 million cubic meters. From 2024 onwards, forecast data indicates minor fluctuations, with production expected to marginally increase to 6.0006 million cubic meters by 2028.
Key trends to observe include:
- From 2015 to 2020, wood residues production showed volatility, with a notable peak in 2015 and a subsequent decline.
- From 2021 to 2023, production stabilized around 6 million cubic meters, with negligible year-on-year changes.
- The forecast from 2024 to 2028 predicts minimal growth, suggesting stability in the production volume.
Future trends to watch for:
- Potential impacts of sustainable forestry practices and environmental regulations on wood residues production.
- Technological advancements in wood residue processing and utilization which could alter production dynamics.
