In 2023, Poland led the European wood, wood products, and cork enterprise sector with a substantial increase, showing a 3.34% year-on-year rise. Slovakia and Belgium demonstrated notable growth rates of 5.69% and 4.17%, respectively. In contrast, countries like Greece and Iceland faced significant declines, with Greece witnessing a 12.68% drop. The sector in Europe is marked by a mix of moderate growth and declines, with fluctuations more pronounced in Central and Eastern Europe compared to Western Europe.
Future trends to watch for include technological integration into production processes and heightened environmental regulations. As sustainability becomes increasingly crucial, enterprises may shift towards more eco-friendly practices, possibly impacting the number and operation of enterprises across the continent. Additionally, digital innovations and automation could drive efficiency gains but may also alter the traditional business model in this sector.
Top countries in Wood, Wood Products and Cork Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 23,070 | 2023 | +3.93% | +3.34% | View data |
| 2 | 2 Czech Republic | 20,830 | 2023 | -7.01% | -6.49% | View data |
| 3 | 3 Italy | 18,190 | 2023 | -6.84% | -6.53% | View data |
| 4 | 4 Slovakia | 16,570 | 2023 | +8.07% | +5.69% | View data |
| 5 | 5 Germany | 12,770 | 2023 | +0.0078% | +1.25% | View data |
| 6 | 6 France | 10,280 | 2023 | +0.3% | +1.47% | View data |
| 7 | 7 United Kingdom | 10,070 | 2023 | +1.34% | +1.34% | View data |
| 8 | 8 Spain | 9,070 | 2023 | -1.34% | -1.99% | View data |
| 9 | 9 Romania | 4,870 | 2023 | -2.84% | -0.86% | View data |
| 10 | 10 Portugal | 4,620 | 2023 | -1.85% | -1.7% | View data |