The sold production of sawnwood in Denmark has experienced significant fluctuations over the past decade. From 2013 to 2020, the year-on-year variation displayed notable volatility, with substantial declines of -4.15% (2013), -5.7% (2014), and -7.39% (2020), interspersed with modest growth periods. This culminated in a dramatic surge of 58.87% in 2021, which rebounded sharply from previous declines. Post-2021, the trend reflected a downturn in 2022 with a -14.43% decrease, followed by stabilization in 2023 with a marginal increase of 0.64%. As of 2023, the sawnwood sold production stands at 149.39 million euros.
Looking forward, the forecasted figures from 2024 to 2028 suggest modest growth with a compound annual growth rate (CAGR) of 0.49%. By 2028, the production value is expected to reach 154.03 million euros, signaling an overall growth rate of 2.45% over five years.
Future trends to watch for include potential impacts of environmental regulations on timber production, technological advancements in wood processing, and fluctuations in global demand influenced by construction industry cycles and economic conditions.
