Sales of the German timber industry increased by 10.5% in 2022

In the German timber industry, macroeconomic megatrends have ensured double-digit sales growth in 2022. Industry sales increased last year by a total of 10.5% to €45.1 billion compared to 2021, as reported by the Main Association of the German Wood Industry (HDH) based on data from the Federal Statistical Office. This sales growth was accompanied by above-average increases in costs, particularly in the areas of energy and raw materials. Furniture industry The largest segment within the wood industry is the furniture industry, whose sales increased by 6.9% to €18.8 billion in ...