From 2013 to 2023, the sawmilling and planing of wood turnover in Spain exhibited periods of steady growth interspersed with occasional declines. Actual turnover figures reveal a fluctuating trend, with significant growth from 2017 to 2019, peaking at €1030 million in 2019 before a dip in 2020 due to presumably external factors. Recovery efforts showed modest improvements, with a turnover of €1010 million reached by 2023.
The year-on-year variations highlight the volatility within this industry. The CAGR over the last five years up to 2023 was 1.39%, reflecting a slowed growth rate compared to earlier periods. Moving forward, forecast data predict a stabilization in the sawmilling and planing of wood turnover, with a 5-year CAGR of 0.37% from 2024 to 2028.
Future trends to watch for include advancements in sustainable forestry practices, enhanced wood processing technologies, and potential regulatory changes aimed at environmental conservation. These factors could influence both production capacities and profitability within the industry.
