France's sawnwood production has shown variability over the past decade, with volumes fluctuating from 7.9014 million cubic meters in 2013 to 8.5923 million cubic meters in 2023. After a gradual decline from 2013 to 2015, the production saw a rise in 2017 and a notable spike in 2021. The sector's CAGR over the previous five years stands at 1.2%, with a minor year-on-year increase of 0.13% in 2023.
Looking forward, the forecast data through to 2028 predicts a stable but slow growth, with a projected 5-year CAGR of 0.1% and a cumulative growth rate of 0.5%. This suggests steadier production levels with minimal annual increases.
Future trends to watch for:
- Technological advancements in timber processing and sustainable forestry practices could impact production efficiency.
- Changes in domestic and international demand driven by eco-friendly construction initiatives could influence production volumes.
- Policy shifts regarding wood processing regulations and trade tariffs will remain critical factors.