Forecast: Timber Production in China

The timber production in China from 2013 to 2023 demonstrated fluctuating growth, initially decreasing from 2013 to 2015, followed by a period of recovery and robust growth from 2016 to 2021. The year 2022 saw a slight dip before stabilizing in 2023 at 11.26 million cubic meters, marking a year-on-year growth of 1.82%. The last five-year CAGR stands at 5.03%, reflecting solid overall growth.

Future trends to watch for include:

  • Continued moderate growth, with the forecasted 5-year CAGR of 1.32% suggesting a stable upward trend.

  • Environmental policies and their impact on sustainability practices in timber production.

  • Technological advancements in forestry management and production efficiency.

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