The forecast for non-coniferous roundwood production in the Philippines shows a steady decline from 2024 to 2028. Starting at 14.707 million cubic meters in 2024, it is projected to decrease to 14.275 million cubic meters by 2028. In 2023, the production level stood at 14.8 million cubic meters. Year-on-year variations indicate a decline of approximately 0.75% annually. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is a negative 0.75%, suggesting a consistent trend of decreasing output.
Future trends to watch for include potential impacts of environmental policies, shifts in domestic and international demand for roundwood, and advancements in sustainable forestry practices which might influence production levels. Additionally, economic factors and climate change impacts could further alter this trend.
