In 2023, Germany's production of veneer sheets stood at 100.21 thousand cubic meters. From 2024 onwards, the production is forecasted to decline significantly. The year-on-year variations indicate a consistent decrease, with production dropping to 54.16 thousand cubic meters by 2028. This results in a compound annual growth rate (CAGR) of -12.85% over five years, illustrating a marked downturn in production volumes.
Future trends to watch for include:
- Technological advancements that may alter production efficiencies.
- Changes in demand driven by shifts in the construction and furniture industries.
- Potential regulatory impacts influencing wood product sectors.
- Global market dynamics affecting export and import balances.