In 2023, Germany held the highest net operating surplus in the European wood products (except furniture) sector at 1.6 billion euros, showing a year-on-year increase of 12.94%. Italy and Austria followed, though Italy experienced a year-on-year decline of 5.76%, while Austria's surplus increased by 2.76%. Lesser contributors like the Netherlands and Spain displayed modest growth at 3.12% and 0.89%, respectively. Some countries, such as Luxembourg and Greece, reported negative surpluses. Overall, fluctuations were observed, but growth was primarily modest except for Germany's significant increase.
Looking ahead, envisaged trends to watch in this sector include increased sustainability practices, digital transformations, and potential impacts of economic policies. Further investments in technology and potential shifts in global demand could influence net operating surpluses across European countries, notably affecting export-oriented markets like Germany and Italy.
Top countries in Net Operating Surplus in Wood Products (Except Furniture) by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,600 | 2023 | +3.35% | +12.94% | View data |
| 2 | 2 Italy | 1,050 | 2023 | -4.11% | -5.76% | View data |
| 3 | 3 Austria | 855.32 | 2023 | +2.85% | +2.76% | View data |
| 4 | 4 Netherlands | 484 | 2023 | +3.86% | +3.12% | View data |
| 5 | 5 Spain | 464 | 2023 | +2.43% | +0.89% | View data |
| 6 | 6 Finland | 305 | 2023 | +3.74% | View data | |
| 7 | 7 Belgium | 162.1 | 2023 | +2.92% | View data | |
| 8 | 8 Estonia | 142.2 | 2023 | +2.38% | +3.18% | View data |
| 9 | 9 Slovenia | 84.9 | 2023 | +4.3% | View data | |
| 10 | 10 Ireland | 71.73 | 2023 | +3.3% | View data |
