• The combined turnover of the forestry-wood value chain in Galicia in 2023 was €2.438 billion. This represents a 10% decrease compared to the value reached in 2022, which was the highest in the series since 2006.• Of this figure, €970 million corresponds to the manufacture of boards and paper pulp; €365 million corresponds to sawmilling; auctioneers sold wood worth €423 million; secondary wood processing generated €605 million; while biomass turnover amounted to €73 million.• The sector is comprised of 3,000 companies spread throughout Galicia, generating wealth primarily in less industrialized areas. In more than twenty regions, this industry is among the top three industrial sectors in terms of employment generated.• The forestry-wood value chain represents 12% of industrial employment in Galicia, highlighting the economic and labor contribution of this sector. A large part of this employment occurs in rural areas, where it is one of the few industrialized activities.• Timber fellings reached around 10 million cubic meters in 2023.• In 2023, the sector exported €2.396 billion. If we discount the import volume (€946 million) and take into account the 2023 turnover (€2.438 billion), it can be estimated that around 59% of what is manufactured leaves Galicia, either for domestic or international markets.• The Galician forestry-wood value chain accounts for 1.7% of Galicia's GDP.
THE WOOD INDUSTRY IN GALICIA
• Galicia is the ninth largest forestry industry in Europe, leading the sector nationally.• 50% of the timber harvested in Spain comes from Galician mountains.• The Galician timber industry represents 1.7% of the region's GDP (data from the IGE).• The sector accounts for nearly 12% of industrial employment in Galicia.• Galicia has a pioneering industry in product development at the national and international level.• This leadership extends to furniture and carpentry, where Galicia has companies that are benchmarks in design and innovation.
THE WEALTH OF THE GALICIAN FOREST IS ESTIMATED AT NEARLY 43 BILLION EUROS
• In 2023, the combined turnover of Galicia's forestry-timber value chain amounted to €2.438 billion.
• Nearly 10 million cubic meters of wood are cut annually in the region.
• The wealth of the Galician forest is estimated at nearly €43 billion. Of this figure, €16.523 billion, or 38%, corresponds to eucalyptus stands; €8.733 billion, or 20%, to conifers; and €17.729 billion, or 42%, to broadleaved trees.
• Galicia has nearly 620,000 hectares of deciduous broadleaves, 420,000 hectares of conifers (pine forests), and 409,000 hectares of eucalyptus.
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| • Galicia's forestry and wood sector accounts for 1.7% of the region's GDP.
• 77% of exports are destined for other European Union countries. In 2021, Galicia exported nearly one million tons of raw wood, accounting for 33% of Spain's wood exports and 27% of its pulp.
• According to figures on the number of Social Security registrations, the forestry and wood sector accounted for an average of more than 19,000 people.
• The sector accounts for nearly 12% of industrial employment in Galicia. A large part of this employment occurs in rural areas, where it represents one of the few industrial activities.
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