The Non-Coniferous Industrial Roundwood production in Indonesia has shown both stability and growth over the past decade. From 2013 to 2017, production was stable at 73.797 million cubic meters. A notable increase began in 2018, reaching 80.774 million cubic meters. This growth continued steadily, with 2023 seeing a production volume of 90.201 million cubic meters.
Year-on-year variations for the last two years show increases of 1.84% in 2023 and 1.84% expected in 2024. The Compound Annual Growth Rate (CAGR) over the past five years stands at 3.72%.
Future trends to watch for include the continued growth trajectory, as forecasted data suggests increasing production rates with a CAGR of 1.16% over the next five years. Monitoring market demands, sustainable practices, and export policies will be crucial in shaping future production trends.