Forecast: Industrial Roundwood Production in Canada

Industrial roundwood production in Canada saw varied growth patterns from 2013 to 2028. The years 2013-2018 show a steady increase, peaking at 155.63 million cubic meters in 2018. However, production declined significantly by 10.16% in 2019 and 0.89% in 2020. Recovery started in 2021 with a growth rate of 1.94% and stabilized in 2022. Forecasts from 2023 onward indicate a steady annual growth, with a 2028 forecast of 154.21 million cubic meters and an average 5-year CAGR of 0.91%. Future trends to watch include potential market shocks, changes in forestry policies, and developments in sustainable production technologies.

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