The sold production of veneer sheets and wood-based panels in France has shown a declining trend from 2013 to 2024. The actual data indicates a notable drop from 126.67 million square meters in 2013 to 52.188 million square meters in 2023, with significant year-on-year variations and a compounded average growth rate (CAGR) fluctuating over the years. Specifically, the years 2021 and 2022 experienced drastic changes with a -54.31% decline followed by a 43.74% increase. The last two years have seen a variation of -16.14% and a recent 5-year CAGR of -12.39%.
The forecasted data from 2024 to 2028 suggests a continued sharp decline, with a forecasted 5-year CAGR of -39.4%, leading to an alarming drop to 3.4529 million square meters by 2028. Over a longer period, from 2013, the overall downward trend is evident, reflecting industry challenges.
Future Trends to Watch For:
- Technological advancements in production techniques
- Changes in consumer preferences towards sustainable materials
- Regulatory impacts on wood-based product policies
- Economic factors influencing construction and manufacturing sectors
