Key Market Indicators
Estonian wood product sales are projected to surge to approximately €2.2 billion by 2028, up from around €1.8 billion in 2023. This represents a compound annual growth rate (CAGR) of 3.1%. Since 2013, Estonia's market has shown a robust annual growth rate of 5.1%. However, in 2023, Estonia ranked 17th in the global market. Norway surpassed Estonia, recording similar sales figures of roughly €1.8 billion. In the same ranking, the United Kingdom, Italy, and Poland secured the second, third, and fourth positions, respectively.