Wood pulp production in Germany has experienced a declining trend from 2013 to 2023, with production standing at 2.21 million metric tons in 2023. The past decade reflects an overall downward trend, characterized by fluctuations including notable declines in 2015, 2016, 2017, 2019, 2020, and 2022, with marginal recoveries in 2018 and 2021.
In recent years:
- The year-on-year variation from 2021 to 2022 was -6.68%, indicating a sharp decline.
- However, there was a modest recovery from 2022 to 2023 with a year-on-year increase of 1.54%.
The Compound Annual Growth Rate (CAGR) from 2018 to 2023 is calculated at -2.15%, indicating an overall decrease in production volume over these five years.
The forecast for the years from 2024 to 2028 predicts a minor overall growth. Specifically, the 5-year forecast CAGR is projected at 0.2%, leading to a forecasted total growth of approximately 1%.
Future trends to watch for include the impact of sustainability initiatives, technological advancements in production processes, and changes in global demand for wood pulp. Monitoring these factors will be crucial for predicting future shifts in production volume.
