In 2023, Germany led European wood product production with €28.31 million, experiencing a modest 0.57% increase from the previous year. Italy and France followed, showing contrasting trends with Italy declining by 1.91% and France growing by 0.87%. Austria and Estonia represented notable growth, with 1.56% and 3.47% increases respectively. Meanwhile, Greece observed a significant drop of 13.91%, the largest among analyzed countries. The Compound Annual Growth Rate (CAGR) over the past five years suggests modest overall growth across the sector.
Future trends to watch include:
- Potential expansion in markets showing previous growth, such as Austria and Estonia.
- Sustainability and environmental policies will likely influence production processes and costs.
- Technological advancements could lead to efficiency gains in countries experiencing slower growth.
Top countries in Production of Wood Products (Except Furniture) Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.31 | 2023 | +0.63% | +0.57% | View data |
| 2 | 2 Italy | 15.18 | 2023 | -1.47% | -1.91% | View data |
| 3 | 3 France | 12.92 | 2023 | +0.65% | +0.87% | View data |
| 4 | 4 Austria | 11.35 | 2023 | +1.69% | +1.56% | View data |
| 5 | 5 Spain | 7.93 | 2023 | +0.071% | -0.7% | View data |
| 6 | 6 Finland | 7.92 | 2023 | +1.32% | +1.1% | View data |
| 7 | 7 Belgium | 4.5 | 2023 | +1.44% | +1.75% | View data |
| 8 | 8 Netherlands | 4.08 | 2023 | +1.93% | +1.48% | View data |
| 9 | 9 Estonia | 3.18 | 2023 | +3.36% | +3.47% | View data |
| 10 | 10 Slovakia | 1.86 | 2023 | +2.11% | +2.71% | View data |
