The coniferous roundwood production in the Philippines is projected to grow steadily from 42.86 thousand cubic meters in 2024 to 46.4 thousand cubic meters by 2028. In 2023, the actual production stood at 42.1 thousand cubic meters. From 2023 to 2024, there is a projected year-on-year increase of 1.8%. The year-on-year growth rate from 2024 to 2025 is approximately 2.1%, similar growth can be seen from 2025 to 2026 at 2%, from 2026 to 2027 at 2%, and from 2027 to 2028 at 1.9%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is around 2%.
Future trends to watch for include the impact of environmental policies on forest management, advancements in sustainable forestry practices, and potential market demand fluctuations for coniferous roundwood driven by construction and industrial needs. Additionally, global trade policies and climate change effects may influence production levels and export opportunities.
