The turnover for the Sawmilling and Planing of Wood sector in Switzerland saw significant fluctuations from 2013 to 2023. Starting with a substantial dip of -52.13% in 2013, it quickly rebounded in 2014 with an impressive 242.55% increase. From 2015 to 2023, the annual growth rates varied, including noticeable declines in some years, but overall the turnover demonstrated a rising trend.
Over the past two years, the sector experienced growths of 3.98% in 2022 and 3.79% in 2023, positioning the value at 1600 million Euros in 2023. The five-year CAGR up to 2023 stands at 3.96%, indicating moderate growth over this period.
Looking ahead, forecasts for 2024 to 2028 project a steady upward trend with a five-year CAGR of 2.58%, resulting in an estimated turnover of 1890 million Euros by 2028. This suggests a future growth rate of 13.59% over the forecast period.
Future trends to watch include advancements in sustainable forestry practices, technological innovations in milling processes, and potential impacts of economic shifts and international trade policies on the industry.
