The forecasted turnover per employee in the wood, wood products, and cork sector in Italy shows a steady increase from 2024 to 2028. In 2023, the turnover stood at approximately 141.4 thousand euros, evidencing a consistent growth trajectory.
Year-on-year percentage increases are projected as follows:
- 2024 - 2025: 1.5%
- 2025 - 2026: 1.5%
- 2026 - 2027: 1.4%
- 2027 - 2028: 1.5%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is predicted to be approximately 1.5%, signifying robust growth prospects for the sector.
Future trends to watch for include the impact of sustainability initiatives on production processes, technological advancements in manufacturing, and shifts in global trade dynamics that could influence the demand and pricing of wood products and cork in international markets.
