The European wood, wood products, and cork sector showed diverse turnover levels across countries in 2023. Germany led with a turnover of 30.7 billion euros, followed by the UK and France at around 12 billion each. Notable year-on-year growth was observed in the Netherlands at 4.33%, driven by increased demand, whereas Finland showed a decline of 1.21%. Over five years, some countries, including Romania and Estonia, experienced stable growth, indicating resilience in these markets. Meanwhile, Italy saw a notable decline, likely influenced by economic factors.
Future trends to watch include the impact of sustainable and digital technologies, which may reshape supply chains and product innovation. Additionally, geopolitical changes and regulatory updates concerning climate initiatives could play significant roles in shaping the sector's dynamics and investments.
Top countries in Wood, Wood Products and Cork Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30,700 | 2023 | +1.06% | +2.4% | View data |
| 2 | 2 United Kingdom | 12,410 | 2023 | +1.37% | +1.09% | View data |
| 3 | 3 France | 12,350 | 2023 | +1.89% | +0.32% | View data |
| 4 | 4 Sweden | 12,020 | 2023 | +2.4% | -0.076% | View data |
| 5 | 5 Poland | 11,820 | 2023 | +2.82% | +1.45% | View data |
| 6 | 6 Italy | 11,180 | 2023 | -0.59% | -3.74% | View data |
| 7 | 7 Austria | 10,410 | 2023 | +2.35% | +0.88% | View data |
| 8 | 8 Switzerland | 8,380 | 2023 | +2.02% | +2.63% | View data |
| 9 | 9 Finland | 8,320 | 2023 | +0.9% | -1.21% | View data |
| 10 | 10 Spain | 7,170 | 2023 | -0.096% | -1% | View data |
