In 2023, France led the European forestry output with 6.45 billion euros, despite a slight decline of 0.2%. Italy and Slovakia showed robust growth with increases of 2.01% and 11.33%, respectively. Latvia and Portugal saw modest increases, while Slovenia, Belgium, and the Netherlands also improved their outputs significantly, the latter by 9.36%. Ireland showed stable growth, whereas Luxembourg faced a steep decline of 11.65%. Over the past five years, the compound annual growth rate (CAGR) has fluctuated across countries, reflecting varied performances and strategies in forestry management.
Future trends to monitor include technological advancements in sustainable forestry, policy shifts towards climate action, and the impact of global supply chain changes. Countries like Slovakia and the Netherlands may continue to capitalize on growth opportunities, while sustainability will remain a critical focus in Europe's forestry sector.
Top countries in Forestry Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 6,450 | 2023 | +0.66% | -0.2% | View data |
| 2 | 2 Italy | 2,650 | 2023 | +1.34% | +2.01% | View data |
| 3 | 3 Slovakia | 1,880 | 2023 | +22.87% | +11.33% | View data |
| 4 | 4 Latvia | 1,540 | 2023 | +3.88% | +1.75% | View data |
| 5 | 5 Portugal | 1,410 | 2023 | +1.39% | +0.95% | View data |
| 6 | 6 Slovenia | 638.07 | 2023 | +2.58% | +1.35% | View data |
| 7 | 7 Belgium | 562.2 | 2023 | +7.27% | +6.91% | View data |
| 8 | 8 Netherlands | 502 | 2023 | +9.13% | +9.36% | View data |
| 9 | 9 Ireland | 198.95 | 2023 | +0.39% | +2.82% | View data |
| 10 | 10 Luxembourg | 11.94 | 2023 | -0.017% | -11.65% | View data |
