Key Market Indicators
**Spanish Wood Product Sales Forecast to Halve by 2028** Spanish Wood Product Sales are projected to plummet to €2 billion by 2028, a significant drop from €4.6 billion in 2023, according to recent market analysis. This decline represents a steep annual compound growth rate (CAGR) of -13.3%. The downward trend in Spain's wood product market has been ongoing since 2013, with an average annual decrease of 6.8%. Despite the decline, Spain still ranked 10th in the global market in 2023. Leading the market, Finland reported sales of €4.6 billion, taking the top spot. The United Kingdom, Italy, and Poland followed closely as the second, third, and fourth largest markets, respectively.
