The sawmilling and planing of wood production value in the Netherlands has shown a general upward trajectory from 2013 to 2023, increasing from €268.2 million to €479.5 million. Despite minor dips, such as the one in 2020 (a 5.87% decrease likely due to the pandemic), the market quickly rebounded. The annual compound growth rate (CAGR) over the last five years up to 2023 is 3.51%, indicating solid and steady growth.
From 2024 onwards, forecasted data suggests continued growth, with the production value expected to rise to €539.6 million by 2028. The anticipated CAGR for these five years is 1.88%, showing a more moderated yet persistent upward trend.
Future trends to watch for include:
- Technological advancements in wood processing
- Increasing demand for sustainable and eco-friendly materials
- Potential impacts of regulatory changes related to environmental policies
