The production of wood chips, wood particles, and wood residues in France stood at 16.555 million cubic meters in 2023. This marks a year-on-year increase of 1.15% compared to 2022. Over the past decade, the industry has experienced significant fluctuations, with production plummeting by 46.09% in 2016 but stabilizing in recent years with moderate growth. The compounded annual growth rate (CAGR) from 2018 to 2023 was 2.96%, indicating a slow yet steady recovery.
Forecasts suggest a gradual upward trend, with a projected 5-year CAGR of 0.85% and an overall growth rate of 4.33% by 2028.
Future trends to watch for include advancements in sustainable forestry practices, increasing demand for biomass energy, and potential regulatory impacts on the wood processing industry. Monitoring these factors will be crucial for anticipating shifts in production and market dynamics.
