Wood chips, wood particles, and wood residues production in Western Europe saw fluctuations from 2013 to 2023. The production volume steadily decreased from 2013 to 2016, with a significant drop of 22.91% in 2016. There was a gradual recovery from 2017 to 2023, with a notable increase of 9.03% in 2021. From 2022 to 2023, the production remained relatively stable, showing minor year-on-year changes of -0.23% and 0.2%, respectively. As of 2023, the volume stood at 43.932 million cubic meters. The five-year CAGR up to 2023 was 2.08%, indicating modest growth.
Future trends to watch for:
- Stability in production volume, with forecasted minor year-on-year increases.
- Emerging sustainability and environmental regulations influencing production practices.
- Technological advancements improving efficiency and reducing waste in wood processing.