The sold production of wood chips or particles in France was valued at 77.503 million Euros in 2023. Forecasts for the period from 2024 to 2028 predict a continual downward trend. Specifically, the value is expected to decrease from 73.904 million Euros in 2024 to 64.316 million Euros by 2028. This year-on-year decline represents a percentage decrease of approximately 3.3% from 2024 to 2025, 3.4% from 2025 to 2026, 3.5% from 2026 to 2027, and 3.5% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) indicates an average annual decrease of around 3.2%.
Future trends to watch for include potential shifts in demand driven by market needs for sustainable and renewable energy sources, technological advancements in wood processing, and the impact of regulatory changes within the EU aimed at promoting environmentally friendly practices. Additionally, any significant changes in the global wood market or disruptions in supply chains could further influence these forecasts.
- Forecasts predict a continual downward trend from 2024 to 2028.
- Annual declines are around 3.3% to 3.5% year-on-year.
- CAGR for the period indicates an average annual decrease of around 3.2%.
- Watch for trends in sustainable energy, technological advancements, and regulatory changes.
