The European wood industry turnover share in 2023 saw Germany leading, representing the largest market with steady growth at 2.4%. The UK and France followed, showing modest growth of 1.09% and 0.32%, respectively. Notable declines occurred in countries like Italy (-3.74%), Finland (-1.21%), and Spain (-1.0%). Sweden experienced a slight decrease in share, while Switzerland, Lithuania, and Estonia saw significant increases.
Looking forward, the industry is poised for modest growth, with countries like Poland and the Netherlands emerging as potential leaders due to their positive trends. Sustainable practices, technological advancements, and economic policies will shape future developments in the sector.
Top countries in Wood, Wood Products and Cork Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18.79 | 2023 | +1.06% | +2.4% | View data |
| 2 | 2 United Kingdom | 7.59 | 2023 | +1.37% | +1.09% | View data |
| 3 | 3 France | 7.56 | 2023 | +1.89% | +0.32% | View data |
| 4 | 4 Sweden | 7.36 | 2023 | +2.4% | -0.076% | View data |
| 5 | 5 Poland | 7.23 | 2023 | +2.82% | +1.45% | View data |
| 6 | 6 Italy | 6.84 | 2023 | -0.59% | -3.74% | View data |
| 7 | 7 Austria | 6.37 | 2023 | +2.35% | +0.88% | View data |
| 8 | 8 Switzerland | 5.13 | 2023 | +2.02% | +2.63% | View data |
| 9 | 9 Finland | 5.09 | 2023 | +0.9% | -1.21% | View data |
| 10 | 10 Spain | 4.39 | 2023 | -0.096% | -1% | View data |