Forecast: Non-Coniferous Pulpwood, Round and Split Production in Kenya

Kenya's non-coniferous pulpwood, round and split production has displayed a remarkable consistency from 2013 to 2022, maintaining at 50.0 thousand cubic meters annually. The year 2023 marked a slight upturn with a production level of 50.28 thousand cubic meters, reflecting a year-on-year increase of 0.55%. This indicates a starting shift after a decade of stagnation. The 5-year compound annual growth rate (CAGR) from 2019-2023 stands at 0.11%.

Forecasts suggest continued modest growth, with production expected to reach 51.17 thousand cubic meters by 2028. This translates to a forecasted 5-year CAGR of 0.28% and an overall growth rate of 1.41% over the forecast period.

Future trends to watch for:

  • Potential impacts of market demand and sustainability initiatives on production levels.
  • Technological advancements and their role in enhancing production efficiency.
  • Shifts in global and local economic environments influencing pulpwood markets.

Top Countries about Softwood