The sawmilling and planing of wood production value in Germany experienced fluctuations from 2013 to 2023, standing at €7.84 billion in 2023. Year-on-year variations show periods of both growth and decline, with notable increases in 2014 (3.18%) and 2020 (5.86%). The 5-year CAGR from 2018 to 2023 was 2.97%, indicating steady growth, albeit at a modest rate.
Forecasted data from 2024 to 2028 suggests a continued upward trend, with the production value expected to reach €8.73 billion by 2028. The forecasted 5-year CAGR stands at 1.71%, which indicates a slower growth rate compared to the previous period.
**Future Trends to Watch For:**
- Technological advancements in wood processing and automation
- Impact of environmental policies and sustainability initiatives
- Market demand for wood products in construction and furniture industries
- Potential disruptions in supply chains and raw material availability
