The production of coniferous sawnwood in Egypt has remained stable from 2013 to 2022, maintaining a constant volume of 11 thousand cubic meters annually. However, in 2023, there was a drop to 10 thousand cubic meters, reflecting a year-on-year decrease of 9.09%. Forecasted data indicates a continued downward trend, with the production expected to decline to 8.75 thousand cubic meters by 2028. This results in a forecasted five-year CAGR of -2.14%, with an overall decrease of 10.23% from 2024 to 2028.
Future trends to watch for include:
• Market demand fluctuations for coniferous sawnwood in the construction and furniture industries.• Economic factors affecting the forestry sector such as import/export regulations and material costs.• Advancements in wood processing technologies that could potentially improve production efficiency.• Environmental policies and sustainability initiatives that may impact forestry practices and sawnwood production levels.