In 2023, the non-coniferous industrial roundwood production in South Africa stood at 9.5829 million cubic meters. The forecasted production for 2024 is 9.6978 million cubic meters, resulting in a year-on-year increase of approximately 1.2%. Continuing this trend, the production in 2025 is expected to be 9.8166 million cubic meters, marking another 1.2% increase. For 2026, the forecast shows 9.9342 million cubic meters, up by 1.2%. This gradual growth pattern is projected to continue with 10.051 million cubic meters in 2027 and 10.166 million cubic meters in 2028, indicating a consistent annual growth rate (CAGR) of 1.2% over the five-year period.
Future trends to watch for:
- Sustainability practices and how they might impact production levels.
- Technological advancements in logging and processing, potentially improving efficiency.
- Market demand both domestically and internationally, especially with changing economic conditions.