From 2013 to 2022, Thailand's production of Non-Coniferous Pulpwood, Round and Split stood consistently at 2.9 million cubic meters. In 2023, production slightly increased to 2.925 million cubic meters, representing a 0.86% year-on-year growth. The last five years show a modest Compound Annual Growth Rate (CAGR) of 0.64%, with projected production reaching 3.0459 million cubic meters by 2028.
Future trends to watch for:
- Emergence of sustainable forestry practices could influence production volumes.
- Economic and environmental policies may impact the industry's growth trajectory.
- Technological advancements in pulpwood processing might enhance efficiency and output.