The coniferous roundwood production in the US for 2024 is forecasted to be 349.71 million cubic meters, up from the actual 345 million cubic meters in 2023. The year-on-year percentage increase from 2023 to 2024 is 1.37%. Forecasts indicate a steady rise with production expected to reach 361.3 million cubic meters by 2028. The year-on-year variations from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 are 0.84%, 0.82%, 0.81%, and 0.79% respectively. The compound annual growth rate (CAGR) over the five forecasted years is approximately 0.83%.
Future trends to watch for:
• Increasing focus on sustainable forestry practices may influence production levels and methods.
• Technological advancements in wood processing could enhance efficiency and output.
• Potential impacts from environmental policies and international trade agreements.
