A detailed analysis of the Pulpwood, Round and Split Production in Mexico shows significant fluctuations in recent years and predictions for continued decline. After steady production of 414.0 thousand cubic meters in 2013 and 2014, there was notable growth in 2015 and 2016, followed by a dramatic increase of 123.06% in 2017, reaching 1383.0 thousand cubic meters. However, production dropped by 39.62% to 835.0 thousand cubic meters in 2018 and remained stable until 2022. In 2023, production slightly decreased to 797.91 thousand cubic meters, a -4.44% year-on-year change. The CAGR for the last five years was -0.9%.
Future trends indicate a continual decline, with forecasts projecting production to decrease consistently from 769.91 thousand cubic meters in 2024 to 660.66 thousand cubic meters by 2028, reflecting a -3.01% CAGR over the forecasted period.
Future trends to watch for:
- Market demand shifts for pulpwood affecting production levels.
- Technological advancements in wood processing impacting efficiency.
- Environmental regulations influencing production capacities.
- Economic factors such as raw material costs and labor availability.
