The production of non-coniferous industrial roundwood in South Korea has shown fluctuations over the past decade. In 2023, the production stood at 1.5815 million cubic meters. From 2021 to 2023, the year-on-year variations were minor, at approximately 0.03%, indicating a stabilization in output. The last 5 years’ average CAGR is around 0.54%, showcasing a modest growth trend. Forecasts suggest a slow yet steady increase in production, reaching approximately 1.6356 million cubic meters by 2028.

Future trends to watch for:

Gradual growth in production capacity as forecasted over the next five years.
Potential impacts of environmental regulations and sustainable forestry practices.
Market demands influenced by domestic and global economic conditions.