Forecast: Sawmilling and Planing of Wood Production Value in Denmark

In 2023, the production value for the sawmilling and planing of wood in Denmark stood at 219.8 million euros. The industry experienced fluctuations over the past decade, with notable growth from 2013 to 2018, peaking at 221.5 million euros, followed by slight declines and stabilization around 216 to 219 million euros from 2019 to 2023. The year-on-year variation for 2022 was 1.31%, and for 2023, it was 1.34%. The five-year CAGR leading up to 2023 was a modest -0.15%.

Looking ahead to forecasted years, the industry's production value is expected to grow gradually, reaching 233.8 million euros by 2028. The forecasted five-year CAGR is projected at 0.99%, indicating a stable and modest growth rate over the next five years.

Future trends to watch for include:

  • Potential impacts of technological advancements in the industry
  • Environmental regulations and sustainable production practices
  • Fluctuations in demand for wood products based on economic conditions and construction activities

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