Forecast: Industrial Roundwood Production in Thailand

Thailand’s industrial roundwood production remained constant at 14.6 million cubic meters from 2013 to 2022. In 2023, production slightly increased to 14.707 million cubic meters, marking a 0.73% year-on-year growth and an average CAGR of 0.15% over the last five years.

Looking ahead, forecasted data predicts a steady rise in production, reaching 15.225 million cubic meters by 2028. This indicates a forecasted 5-year CAGR of 0.55% and a total growth of 2.78% from 2023 to 2028.

Future trends to watch for include:

  • Potential impacts of sustainable forestry practices and governmental policies on production levels.
  • Adoption of technology in forestry management to boost efficiency and output.
  • Global market demand fluctuations affecting Thailand’s export strategies.
  • Environmental challenges, including pests and climate change, influencing production stability.

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