The sawmilling and planing of wood industry in Austria has experienced a steady turnover growth trend from 2013 to 2023. As of 2023, the turnover stood at 4.95 billion Euros. Notably, there's significant year-on-year variation, such as a peak in 2018 with a 21.52% increase and a dip in 2020 with a -4.5% change.
Future forecasts suggest continued growth, with turnovers expected to reach 5.53 billion Euros by 2028. The average annual growth rate (CAGR) over the next five years is projected at 1.77%, indicating stable, albeit moderate, expansion.
Trends to watch for:
- The impact of climate policies on timber supply.
- Technological advancements improving processing efficiency.
- Shifts in global demand for wood products.
