In 2023, the production of coniferous roundwood in Mexico stood at 17.7 million cubic meters. Forecasted data for the upcoming years indicates a stable and consistent increase. Specifically, the projections for 2024, 2025, 2026, 2027, and 2028 are 17.788, 17.876, 17.964, 18.05, and 18.136 million cubic meters, respectively.
Year-on-year variations show a steady growth:
- 2024 vs. 2023: +0.50%
- 2025 vs. 2024: +0.49%
- 2026 vs. 2025: +0.49%
- 2027 vs. 2026: +0.48%
- 2028 vs. 2027: +0.48%
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 0.49%, indicating a modest but consistent increase in production over this period.
Future trends to watch for include potential impacts from climate change, changes in forestry management practices, and shifts in global demand for coniferous roundwood. Additionally, monitoring government policies related to sustainable forestry practices will be crucial in predicting future production volumes.