Turkish sawnwood production has shown stability and growth from 2013 to 2023, growing from 6.405 million cubic meters to 9.5285 million cubic meters. The year-on-year variations reflect an overall positive trend with notable growth spikes in 2015 and 2020.
The average annual growth rate (CAGR) for the last five years is 3.04%, revealing healthy sector stability. The projections from 2024 onwards anticipate a gradual increase, showing a forecasted 5-year CAGR of 0.74%, culminating in 9.983 million cubic meters by 2028.
For future trends, it will be important to watch for:
- Impacts of environmental regulations
- Technological innovations in production processes
- Shifts in global market demand
- Economic conditions influencing construction and manufacturing sectors