The production of wood chips, wood particles, and wood residues in Germany has demonstrated a steady overall growth from 2013 to 2023, increasing from 13.483 million cubic meters in 2013 to 16.552 million cubic meters in 2023. This period experienced a range of year-on-year variations: 11.45% increase in 2013, stability with slight increases between 2014 and 2015, a decrease in 2016, and consistent growth thereafter with a notable spike in 2020 (8.23%). The Compound Annual Growth Rate (CAGR) over the last five years (2018–2023) is 2.07%.
Key trends observed:
- 2017 and 2018 saw robust growth at 4.55% and 5%, respectively.
- The sharp increase in 2020 (8.23%) indicates a significant demand surge which may be influenced by external economic factors.
- Despite a slight decrease in 2022, the trend rebounded in 2023 with a 1.6% increase.
Looking ahead, forecast data from 2024 to 2028 suggests continued growth but at a slower pace, with a forecasted 5-year CAGR of 1.09% and total growth projected at 5.57% over the same period.
Future trends to watch for:
- Potential impacts of environmental policies and regulations on production practices.
- Advancements in sustainable practices and their influence on industry operations.
- Market demand influenced by global economic conditions and renewable energy incentives.
