The European Wood, Wood Products, and Cork Turnover Index reveals Lithuania leading with a value of 25.05 in 2024, showcasing notable growth among other countries. Poland and Ireland follow closely with values of 21.24 and 21.06, respectively. An upward trend is observable in most countries, with Lithuania experiencing the highest year-on-year variance at 18.35% in 2022, mitigating a steady increase across Europe.
Looking forward, several trends are anticipated to impact the European market:
- Increasing demand for sustainable and circular economy practices may drive shifts in production and turnover.
- Technological advancements in processing and resource use efficiency are expected to enhance productivity.
- The geopolitical landscape and EU policy changes could affect sourcing strategies and trade patterns in the wood industry.
Top countries in Wood, Wood Products and Cork Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 250.5 | 2022 | +48.84% | +18.35% | View data |
| 2 | 2 Poland | 212.4 | 2022 | +26.2% | +14.02% | View data |
| 3 | 3 Ireland | 210.6 | 2022 | +43.27% | +12.69% | View data |
| 4 | 4 Latvia | 205.2 | 2022 | +13.43% | +13.2% | View data |
| 5 | 5 Belgium | 189.4 | 2022 | +11.54% | +10.73% | View data |
| 6 | 6 Romania | 174.1 | 2022 | +21.24% | +11.29% | View data |
| 7 | 7 Hungary | 168.6 | 2022 | +0.12% | +6.13% | View data |
| 8 | 8 Austria | 168.4 | 2022 | +12.04% | +8.77% | View data |
| 9 | 9 Sweden | 166.2 | 2022 | +2.47% | +7.77% | View data |
| 10 | 10 Netherlands | 164.1 | 2022 | +16.88% | +9.05% | View data |
