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European wood-based panel production fell by 6% in 2023
Posted on July 1, 2024 |
European wood-based panel production fell by 6.3% in 2023.
OSB was the only panel product to grow, rising 2% to 6.6 million m³ from 6.5 million m³ in 2022.
Particleboard production, the largest segment, decreased by 5% to 30.9 million m³ from 32.5 million m³ in 2022.
MDF production dropped by 11%, reaching 11.1 million m³ compared to 12.5 million m³ in 2022.
Softboard production, which had been growing recently, declined by 6% to 4.8 million m³ from 5.2 million m³ in 2022.
Plywood and hardboard production saw significant declines, with plywood down 15% to 2.6 million m³ and hardboard down 17% to 400,000 m³.