Latvia leads European timber imports per capita, with Luxembourg and Estonia trailing closely. Most countries experienced growth in timber imports from 2023, notably Estonia with a 13.19% increase, Slovakia at 12.59%, and Belgium at 8.95%. In contrast, Finland and Sweden saw slight declines. The CAGR over the last five years has varied, indicating dynamic shifts in import behaviors with countries like Latvia and Slovakia witnessing significant long-term growth.
Future trends to watch include the potential rise of Eastern European countries in timber imports due to increasing demand and sustainable forest management. Environmental policies and trade agreements will likely influence these patterns significantly. Additionally, changes in forestry technologies may also impact import dynamics across different countries.
Top countries in Timber Imports by Country
| # | 10 Countries | Metric Tons Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 2.45 | 2023 | +3.34% | +6.19% | View data |
| 2 | 2 Luxembourg | 2.41 | 2023 | -1.79% | +6.86% | View data |
| 3 | 3 Estonia | 2.01 | 2023 | +8.67% | +13.19% | View data |
| 4 | 4 Belgium | 1.89 | 2023 | +5.06% | +8.95% | View data |
| 5 | 5 Finland | 1.68 | 2023 | -1.3% | -0.58% | View data |
| 6 | 6 Austria | 1.62 | 2023 | +1.44% | +0.86% | View data |
| 7 | 7 Denmark | 1.38 | 2023 | +5.11% | +2.2% | View data |
| 8 | 8 Sweden | 1.27 | 2023 | +4.1% | -0.87% | View data |
| 9 | 9 Lithuania | 1.18 | 2023 | +3.96% | +3.18% | View data |
| 10 | 10 Slovenia | 0.88 | 2023 | +2.34% | +2.86% | View data |
