The European sold production of veneer sheets and wood-based panels shows a diverse distribution, led by Germany with a significant share. In 2023, the year-on-year growth highlights substantial increases in Germany (9.78%) and Portugal (40.22%), indicating strong market dynamics. However, major players like France and Italy experienced declines of 12.39% and 2.55%, respectively. Diverging trends are seen with the United Kingdom, showing a slight regression, and Baltic countries demonstrating modest growth. Over the past five years, the data suggests a compound average growth rate (CAGR) indicating slight yearly variances among these nations.
Looking ahead, the demand is expected to rise, driven by sustainable construction practices and innovations in wood-based materials. Watch for Germany's continued dominance, potential recovery in historically strong markets like Italy and France, and growing contributions from Central and Eastern European countries, particularly Poland and Romania, leveraging competitive manufacturing advantages.
Top countries in Sold Production of Veneer Sheets and Wood-Based Panels Share by Country (Square Meters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.38 | 2023 | +4.37% | +9.78% | View data |
| 2 | 2 Poland | 25.67 | 2023 | +3.07% | +2.97% | View data |
| 3 | 3 Spain | 8.65 | 2023 | +2.42% | +0.54% | View data |
| 4 | 4 Italy | 3.66 | 2023 | -1.26% | -2.55% | View data |
| 5 | 5 France | 2.23 | 2023 | -16.14% | -12.39% | View data |
| 6 | 6 Romania | 2.03 | 2023 | +5.89% | +8.96% | View data |
| 7 | 7 United Kingdom | 1.85 | 2023 | -1.05% | -3.49% | View data |
| 8 | 8 Portugal | 1.31 | 2023 | +6.87% | +40.22% | View data |
| 9 | 9 Belgium | 1.18 | 2023 | +5.58% | +5.05% | View data |
| 10 | 10 Lithuania | 1.07 | 2023 | +2.32% | +4.08% | View data |
