In 2023, the production of coniferous industrial roundwood in China was recorded at 28.9 million cubic meters. The forecasted data indicates a declining trend from 2024 to 2028. The production is expected to decrease year-on-year by approximately 1.97% in 2025, 1.99% in 2026, 2.01% in 2027, and 2.03% in 2028. The compound annual growth rate (CAGR) over the five years (2024-2028) suggests an average annual decline of 1.92%.
Future trends to watch for:
- Impact of environmental and forestry conservation policies on production.
- Changes in demand for roundwood due to shifts in the construction and furniture industries.
- Technological advancements in sustainable forestry practices.
- Economic factors influencing the timber market, including trade policies and international demand.
- Potential impact of climate change on forest resources.
