Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
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.