Key Market Indicators
Cypriot wood product sales are projected to experience a slight decline, reaching approximately €147 million by 2028, down from €147 million in 2023. This represents an average annual decrease of 0.1%. Historically, the Cypriot market has shown modest growth. Since 2015, it has expanded by an average of 0.2% annually. In the global rankings for 2023, Cyprus secured the 30th spot. Greece narrowly edged ahead of Cyprus, also reporting wood product sales around €147 million. The United Kingdom, Italy, and Poland claimed the second, third, and fourth positions respectively in this market segment.
