In 2023, Germany led Europe's value-added in wood products (excluding furniture) with €7.74 billion, followed by Italy and France at €4.37 billion and €3.27 billion, respectively. While Germany and Austria showed modest growth of 2.41% and 1.69%, Italy observed a 2.22% decline. Notable growth was seen in smaller markets like Estonia (3.49%) and Slovakia (2.53%), contrasting with Greece’s sharp decline of 23.23%.
Future trends to watch include:
- Innovation in sustainable wood production across Europe.
- Potential market shifts from increased eco-conscious consumer demands.
- Economic impacts of European forestry policies on production efficiencies.
Top countries in Value Added of Wood Products (Except Furniture) by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,740 | 2023 | +1.11% | +2.41% | View data |
| 2 | 2 Italy | 4,370 | 2023 | -1.68% | -2.22% | View data |
| 3 | 3 France | 3,270 | 2023 | +0.37% | +1.36% | View data |
| 4 | 4 Austria | 2,880 | 2023 | +1.78% | +1.69% | View data |
| 5 | 5 Spain | 1,990 | 2023 | +0.05% | -0.79% | View data |
| 6 | 6 Finland | 1,420 | 2023 | +0.85% | +0.46% | View data |
| 7 | 7 Netherlands | 1,160 | 2023 | +1.76% | +1.14% | View data |
| 8 | 8 Belgium | 1,070 | 2023 | +1.67% | +2.45% | View data |
| 9 | 9 Estonia | 668.9 | 2023 | +3.16% | +3.49% | View data |
| 10 | 10 Slovakia | 606.17 | 2023 | +1.46% | +2.53% | View data |
