From 2013 to 2019, pulpwood, round and split production in Kenya remained constant at 170.0 thousand cubic meters annually. In 2020, production decreased by 4.12% to 163.0 thousand cubic meters, where it plateaued until 2022. In 2023, production slightly increased by 0.38% to 163.61 thousand cubic meters. The Compound Annual Growth Rate (CAGR) over the last 5 years was -0.76%, indicating a downward trend. However, future forecasts indicate a gradual increase, with the production expected to rise to 166.57 thousand cubic meters by 2028, marking a forecasted 5-year CAGR of 0.28%, and a total growth rate of 1.43%.
Future trends to watch for:
- Economic policies affecting the forestry sector.
- Environmental regulations and sustainability initiatives.
- Technological advancements in pulpwood processing.
- Market demands and global pulpwood prices.
