Germany is Europe’s largest economy with GDP likely to have exceeded US$4 trillion for the first time in 2018 (according to IMF), over 40% more than the UK, Europe’s second largest economy. Germany is Europe’s largest producer of sawnwood and wood-based panels, with output of 22 million m3 and 11 million m3 respectively in 2017. Germany is also Europe’s largest consumer (annually €9.4 billion) and second largest producer (annually €7.3 billion) of wood furniture. Germany’s annual per capita consumption of wood furniture is €118, second only to ...
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