The total sawnwood production in the Netherlands has demonstrated significant volatility over the past decade. From a high of 228.1 thousand cubic meters in 2014, production dropped sharply to 183.82 thousand cubic meters by 2016. This downward trend continued with moderate fluctuations, reaching 124.74 thousand cubic meters by 2023, indicating a considerable decline (-5.25%) year-on-year as opposed to 2022. The last five years noted a cumulative average growth rate (CAGR) of -2.31%, underscoring a continual contraction.
Looking forward, forecasted data points to a further reduction in production volumes, anticipating a CAGR of -4.79% over the next five years, leading to a projected production of 92.31 thousand cubic meters by 2028. This suggests an overall decline of -21.75% over the forecast period.
Future trends to watch for include:
- Impact of environmental regulations and sustainability practices on production levels.
- Technological advancements in sawnwood manufacturing.
- Market demand changes influenced by construction and furniture industry trends.
