The production of coniferous pulpwood in Kenya from 2013 to 2023 has shown remarkable stability, with values consistently at 120.0 thousand cubic meters until a slight dip to 113.0 thousand cubic meters from 2020 to 2022. A modest recovery commenced in 2023, reaching 115.73 thousand cubic meters, reflecting a 2.41% year-on-year increase. Looking back over the last five years, there has been an average annual decline (CAGR) of -0.72%.
Forecast data from 2024 to 2028 indicates a gradual upward trend, with production expected to reach 128.9 thousand cubic meters by 2028. This period is projected to experience a 5-year CAGR of 1.71%, equating to an overall growth rate of 8.85% from 2023 levels.
Future trends to watch for include:
- Technological advancements in forestry and pulpwood processing.
- Potential impacts of climate change on forest health and timber yield.
- Government policies and incentives for sustainable forestry practices.
- Market demand for coniferous pulpwood in both domestic and international markets.