In 2023, Germany led the European sawmilling and planing of wood market with a turnover of 8.81 Billion Euros, showing a year-on-year increase of 4.44%. Sweden followed at 6.25 Billion Euros, though it experienced a slight decline of -1.45% compared to the previous year. France, Austria, and Finland also showed positive growth rates of 3.99%, 1.23%, and 0.36% respectively. Poland, the United Kingdom, and Switzerland experienced moderate growth, while Italy recorded the largest negative growth at -6.86%. Other notable trends include Slovakia's significant growth of 4.65% and Serbia's remarkable increase of 13.59%. The Compound Annual Growth Rate (CAGR) over the last five years varied, highlighting consistent growth in Germany and the Netherlands, while some countries like Cyprus saw a notable decline.
Future trends to watch for in the European sawmilling and planing of wood turnover include:
- The impact of digital and technological advancements on production efficiency.
- Sustainability initiatives and stricter environmental regulations.
- Market consolidation and the role of emerging markets within Europe.
- Fluctuations in raw material supply and costs due to geopolitical factors.
- The potential for increased demand driven by housing market trends and renovation activities.
Top countries in Sawmilling and Planing of Wood Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,810 | 2023 | +2.49% | +4.44% | View data |
| 2 | 2 Sweden | 6,250 | 2023 | +4.75% | -1.45% | View data |
| 3 | 3 France | 5,520 | 2023 | +7.09% | +3.99% | View data |
| 4 | 4 Austria | 4,950 | 2023 | +2.53% | +1.23% | View data |
| 5 | 5 Finland | 2,990 | 2023 | +0.47% | +0.36% | View data |
| 6 | 6 Poland | 2,960 | 2023 | +3.88% | +1.87% | View data |
| 7 | 7 United Kingdom | 1,870 | 2023 | +0.95% | +0.96% | View data |
| 8 | 8 Switzerland | 1,600 | 2023 | +3.79% | +3.96% | View data |
| 9 | 9 Latvia | 1,400 | 2023 | +2.8% | +1% | View data |
| 10 | 10 Italy | 1,370 | 2023 | -5.12% | -6.86% | View data |
