The forecasted production of Non-Coniferous Industrial Roundwood in Japan from 2024 to 2028 indicates a declining trend, with an annual year-on-year decrease ranging from approximately 2.86% to 3.05%. In 2023, the actual production was approximately 2.13 million cubic meters. The compound annual growth rate (CAGR) over this period shows an average annual decline of about 2.73%, reflecting continuous downward movement over the five-year horizon.
Future trends to watch for include:
- Potential shifts in domestic demand for wood products.
- Environmental policies affecting the forestry sector.
- Technological advancements in wood processing and sustainable forestry practices.
- Global economic conditions impacting export demand.
