In 2023, Germany led Europe in wood product value at 12.5 billion euros. France and Austria followed with 3.37 and 3.08 billion euros respectively. Germany and Luxembourg had notable increases in their year-on-year values, 12.47% and 7.56% respectively. Conversely, Greece and Cyprus saw declines of 10.71% and 2.1%. Over five years, the European wood product market showed moderate growth.
Looking forward, the European wood market may experience shifts due to increased emphasis on sustainability and technological advancements. Countries with a strong technological infrastructure could capitalize on this trend, impacting their value-added contributions. Watch for regulatory changes and evolving consumer preferences shaping future trends.
Top countries in Value Added of Wood Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12,500 | 2023 | +9.71% | +12.47% | View data |
| 2 | 2 France | 3,370 | 2023 | +1.28% | +1.95% | View data |
| 3 | 3 Austria | 3,080 | 2023 | +2.33% | +2.72% | View data |
| 4 | 4 Spain | 2,350 | 2023 | +0.82% | +3.24% | View data |
| 5 | 5 Netherlands | 1,290 | 2023 | +2.14% | +3.29% | View data |
| 6 | 6 Portugal | 1,210 | 2023 | +1.65% | +2.84% | View data |
| 7 | 7 Estonia | 685.29 | 2023 | +3.43% | +3.88% | View data |
| 8 | 8 Slovakia | 595.49 | 2023 | -1.29% | +2.12% | View data |
| 9 | 9 Lithuania | 567.49 | 2023 | +1.16% | +1.17% | View data |
| 10 | 10 Slovenia | 356.69 | 2023 | +3.48% | +4.12% | View data |
