The forecasted data for South Korea's share in total domestic material consumption of biomass from 2024 to 2028 shows a gradual decline. The share decreases from 8.21% in 2024 to 7.89% in 2028. The year-on-year variation reflects a consistent reduction of approximately 0.08 percentage points annually. The compound annual growth rate (CAGR) over this five-year period projects an average yearly decline of around 0.75%.
Future trends suggest a continued decrease in the biomass share within South Korea's total domestic material consumption. Factors to watch include advancements in alternative energy sources, policy changes, and shifts in industrial and consumer behavior towards more sustainable materials.