In 2023, Germany's timber imports stood at approximately 18.8 million metric tons. The forecast for 2024 predicts imports of 19.02 million metric tons, indicating a year-on-year increase of approximately 1.17%. This trend continues with forecasts for 2025 through 2028 showing incremental annual increases of around 1.2% each year. The compound annual growth rate (CAGR) over this five-year period is anticipated to be around 1.2%.
Future Trends to Watch For:
- Potential policy shifts towards sustainable forestry and environmental regulations could impact import volumes.
- Changes in domestic production capacities may alter import needs.
- Global economic factors and exchange rate fluctuations might influence import costs and volumes.