The European timber market highlighted Sweden and Finland as leading consumers in 2023, though both saw a decline in year-on-year consumption share. Germany also faced a significant decrease, while Poland and the UK showed notable growth, indicating shifts in regional demand. Switzerland and Ireland reported the highest consumption share increases, showcasing potential emerging markets. In contrast, Hungary and Serbia experienced significant drops. Over a five-year period, various countries like Netherlands outperformed in growth, while others stabilized or dipped.
Future trends to watch include shifts in sustainability policies, economic conditions affecting construction, and potential geopolitical impacts, influencing timber demand across Europe. Monitoring technological advancements and their effects on production and consumption efficiency remains crucial.
- Sweden and Finland led in 2023 but faced declines.
- Germany experienced significant reduction, while Poland and UK grew.
- Switzerland and Ireland showed notable year-on-year increases.
- Hungary and Serbia saw considerable drops in consumption shares.
- Netherlands recorded high growth over five years.
Future trends involve:
- Sustainability policies' impact on timber demand.
- Economic factors affecting construction activity.
- Geopolitical influences on market dynamics.
- Technological advancements improving efficiency.
Top countries in Timber Domestic Material Consumption Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 15.85 | 2023 | +0.59% | -0.51% | View data |
| 2 | 2 Finland | 12.26 | 2023 | -0.76% | -1.81% | View data |
| 3 | 3 Germany | 8.86 | 2023 | -0.5% | -3.5% | View data |
| 4 | 4 Poland | 8.18 | 2023 | +2.02% | +2.53% | View data |
| 5 | 5 United Kingdom | 8.07 | 2023 | +2.57% | +3.2% | View data |
| 6 | 6 France | 6.44 | 2023 | +0.39% | +1.06% | View data |
| 7 | 7 Portugal | 5.41 | 2023 | +1.13% | +0.43% | View data |
| 8 | 8 Italy | 5.24 | 2023 | +5.86% | +4.54% | View data |
| 9 | 9 Austria | 4.48 | 2023 | +1.2% | -0.059% | View data |
| 10 | 10 Belgium | 4.19 | 2023 | +9.56% | +2.59% | View data |
