Forecast: Pulpwood, Round and Split Production in the US

The forecast for Pulpwood, Round and Split Production in the US shows a fluctuating trend over 2013-2023, with production peaking in 2016 at 194.65 million cubic meters before steadily declining to 180.98 million cubic meters in 2023. Significant year-on-year changes include an 8.56% increase in 2016 and a 5.99% decrease in 2020. Over the last two years (2022-2023), production fell by approximately 1.64% and 0.91%, respectively. The Compound Annual Growth Rate (CAGR) for the last five years (2019-2023) stands at -1.27%, reflecting a consistent long-term decline in production volume.

Key future trends to watch for include:

  • A continuing gradual decline in production, forecasted at an annual average of -0.73% over the next five years.
  • The impact of environmental policies and sustainability initiatives on pulpwood supply and demand.
  • Technological advancements in forestry and manufacturing that could influence pulpwood production efficiency.
  • Potential shifts in global market demand and economic conditions affecting the US forestry industry.

Top Countries about Pulp