The production of wood residues in Germany has shown a general upward trend from 2013 to 2023, with fluctuations across various years. By 2023, production stood at 4.8497 Million Cubic Meters, showing notable growth from 3.2992 in 2013. Significant jumps were seen in 2015, 2018, and 2020 with 13.23%, 11.41%, and 12.5% year-on-year increases respectively. The most considerable annual drop occurred in 2019, revealing a -9.48% fall. From 2018 to 2023, the Compound Annual Growth Rate (CAGR) was observed at 2.3%, indicating moderate growth over the last five years.
Future trends indicate a potential decrease in production, as forecast data show a steady decline from 2024 onwards, reaching down to 4.2389 Million Cubic Meters by 2028. The forecasted CAGR for the next five years is -2.15%, with an overall forecast growth rate of -10.29%.
Future trends to watch for:
- Potential impacts of environmental regulations on wood residues production.
- Market demand shifts due to technological advancements in wood processing.
- Possible influence of international trade policies on wood residue exports and imports.