Based on the provided data, the turnover for wood products in Switzerland is forecasted to increase from 6.95 billion Euros in 2024 to 7.33 billion Euros in 2028. In 2023, the actual turnover stood at 6.85 billion Euros. This indicates a general upward trend with incremental year-on-year growth.
The year-on-year growth rates for the provided periods are as follows:
- 2024: 1.46%
- 2025: 1.44%
- 2026: 1.28%
- 2027: 1.40%
- 2028: 1.26%
Over the last five years, the Compound Annual Growth Rate (CAGR) for wood products turnover stands at approximately 1.36%.
Future trends to watch for include potential impacts from advancements in sustainable forestry practices, fluctuating demand from the construction sector, and possible regulatory changes regarding environmental policies that could influence market dynamics.
