In 2023, Germany led the European veneer sheets and wood-based panels production value at 5.6 billion Euros, showing modest growth of 0.39% year-on-year. Finland recorded notable growth of 1.08%, while Poland and Italy showed negative trends, with Poland decreasing by 1.87% and Italy by 0.77%. Spain followed suit with a decrease of 1.45%. Belgium's market stood out with a significant rise of 4.23%. Romania, Latvia, Czech Republic, and Estonia also experienced positive growth, while Greece faced a sharp decline of 5.79%.
Future trends to watch for include Germany's leadership in production remaining strong, while Finland and Belgium could capitalize on their growth momentum. Markets such as the Czech Republic, Estonia, and Romania appear promising due to their rising production values. Technological advancements and sustainable practices may further alter the competitive landscape.
Top countries in Veneer Sheets and Wood-Based Panels Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,600 | 2023 | +0.86% | +0.39% | View data |
| 2 | 2 Finland | 3,030 | 2023 | +5.07% | +1.08% | View data |
| 3 | 3 Poland | 2,700 | 2023 | +2.2% | -1.87% | View data |
| 4 | 4 Italy | 2,270 | 2023 | -1.61% | -0.77% | View data |
| 5 | 5 Spain | 2,110 | 2023 | +0.76% | -1.45% | View data |
| 6 | 6 Belgium | 1,720 | 2023 | +2.93% | +4.23% | View data |
| 7 | 7 Austria | 1,580 | 2023 | +0.98% | -0.033% | View data |
| 8 | 8 France | 1,570 | 2023 | -0.1% | +0.22% | View data |
| 9 | 9 Romania | 1,240 | 2023 | +2.68% | +2.29% | View data |
| 10 | 10 Latvia | 638.1 | 2023 | +2.47% | +1.69% | View data |
