The forecast for Spain's wood exports from 2024 to 2028 indicates a steady growth. In 2023, the actual exports stood at 4.52 million metric tons. The forecasted values are as follows: 4.61 million metric tons in 2024, 4.71 million metric tons in 2025, 4.81 million metric tons in 2026, 4.91 million metric tons in 2027, and 5.0 million metric tons in 2028.
Year-on-year variations are observed as follows:
- 2024: 1.99%
- 2025: 2.17%
- 2026: 2.12%
- 2027: 2.08%
- 2028: 1.83%
The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is 2.04% on average per year.
Future trends to watch for include potential impacts of global trade policies, sustainability efforts, and technological advancements in forestry and wood processing, which could further influence export volumes and market dynamics in Spain.
