The analysis of European Wood Domestic Material Consumption per capita in 2023 reveals Finland and Sweden at the top with Finland notably decreasing by 0.87% year-on-year. Luxembourg shows a significant increase with 8.57%, highlighting a growing interest or industry shift. Other noticeable increases are in Iceland and Slovenia, at 6.82% and 9.54%, respectively. Conversely, Slovakia, Serbia, and Croatia face the largest declines, reflecting possible economic or environmental policies impacting consumption. The UK and Italy saw modest growth, while traditional markets like Germany and France faced slight declines.
Future trends to watch involve potential shifts due to sustainability efforts and policy changes in the EU. Countries enhancing renewable resource consumption may see increases, as seen in Luxembourg and Slovenia. Conversely, economic or regulatory hurdles could influence declines in other regions. Balancing sustainable practices with consumption demands will be crucial for future growth patterns in this sector.
Top countries in Wood Domestic Material Consumption by Country
| # | 10 Countries | Metric Tons Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 7.41 | 2023 | +0.18% | -0.87% | View data |
| 2 | 2 Sweden | 5.24 | 2023 | 0% | +0.088% | View data |
| 3 | 3 Luxembourg | 2.47 | 2023 | +2.24% | +8.57% | View data |
| 4 | 4 Estonia | 2.4 | 2023 | +6.13% | +5% | View data |
| 5 | 5 Austria | 2.1 | 2023 | +0.53% | -0.18% | View data |
| 6 | 6 Latvia | 1.71 | 2023 | +2.95% | View data | |
| 7 | 7 Denmark | 1.65 | 2023 | +2.94% | -0.97% | View data |
| 8 | 8 Portugal | 1.52 | 2023 | +1.06% | +0.32% | View data |
| 9 | 9 Lithuania | 1.35 | 2023 | +4.91% | +1.06% | View data |
| 10 | 10 Belgium | 1.07 | 2023 | +1.23% | +2.59% | View data |
