The sawnwood production in Belgium revealed fluctuating trends from 2013 to 2023. The actual value stood at 1.1431 million cubic meters in 2023. Early years showed growth, but production declined from 2016, hitting bottom in 2022 at 1.1203 million cubic meters. However, a slight recovery was seen in 2023 with a 2.03% year-on-year increase, though the 5-year CAGR from 2018 to 2023 was -5.91%.
Forecasts indicate a gradual recovery with an average annual growth of 1.43% expected from 2024 to 2028, cumulatively growing 7.37% over this period.
Future trends to watch for:
- Impact of environmental regulations on production practices.
- Technological advancements enhancing production efficiency.
- Market demand fluctuations driven by construction and manufacturing sectors.
