The sawmilling and planing of wood production value in Spain has shown a notable upward trend from 2013 to 2023. Production value increased from €710.2 million in 2013 to €1020.0 million in 2023. The period saw fluctuations with significant rises between 2015 and 2019, reaching a peak in 2019 before experiencing a slight decline in 2020 due to market disruptions, and then resumed growth subsequently. The years 2022 and 2023 reflected modest growth with year-on-year variations of 1.57% and 1.24%, respectively.

Looking forward towards 2024-2028, the forecast indicates a steady but modest growth trajectory with the production value expected to reach €1060.0 million by 2028. The forecasted five-year CAGR stands at 0.45%, with an overall growth rate of 2.29% for the period. This suggests a period of stabilization in production values for the industry.

Future trends to watch for include:

Technological advancements in processing techniques that could enhance efficiency.
Potential impacts of sustainability initiatives and regulations on production practices and costs.
Market demand fluctuations driven by economic conditions and construction industry performance.