The total wood-based panels production in Germany stood at 11.88 million cubic meters in 2023, reflecting a -0.74% year-on-year variation from 2022, which experienced a significant decline of -11.51%. Over the past five years (2019-2023), the compound annual growth rate (CAGR) was -1.45%, indicating a downward trend. Looking forward, the forecasted data from 2024 to 2028 suggests a continued decrease in production, with an average annual decline (CAGR) of -0.64% and an overall decrease of -3.17% over the period.
Future trends to watch for include potential shifts in demand due to sustainable construction practices, advancements in panel technology, and policy impacts on wood-based products. Monitoring these variables will be critical in understanding the evolving landscape of this industry.
