Which Countries Consume the Most Wood-Based Panels?
Wood-Based Panels February 22, 2017
Photo: © perfectlab / Bigstockphoto
From 2007 to 2015, global wood-based panel market showed mixed dynamics. A significant drop in 2008-2009 was followed by a gradual increase. In 2015, the wood-based panel market grew to 380,411 thousand cubic meters. The market value showed similar dynamics every year, except for 2015, when the global wood-based panel market value decreased to 155,447 million USD. This was 8% lower than the year before.
According to market research conducted by IndexBox, China (47%) and the U.S. (11%) led with the highest demand of wood-based panels, followed distantly by Germany, Russia, Turkey, Brazil, Poland, Japan, Canada, and the UK. Together, all these countries comprised close to 78% of global consumption.
China recorded the highest annual growth rates of wood-based panel consumption from 2007 to 2015, with +11.4%% growth. Turkey (+6.5% per year), Brazil (+3.8% per year), Poland (+1.1% per year), and Russia (+1.1% per year) also showed positive dynamics. Other countries showed negative dynamics in terms of consumption from 2007 to 2015.
Canada (235 cubic meter/1,000 persons) and Poland (234 cubic meter/1,000 persons) had the highest levels of per capita consumption among the leading consuming countries, which was significantly higher than the world average of 52 cubic meters/1,000 persons. Germany, the U.S., China, and Turkey tracked lower levels, at about 120-150 cubic meters/1,000 persons each. Brazil (44 cubic meter/1,000 persons) had the lowest levels of wood based panel consumption.
Top 10 countries consuming the most wood-based panels in 2015
Do you want to know more about the global wood-based panel market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- wood-based panel market share
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- wood-based panel industry
- wood-based panel sales
- wood-based panel market forecast
- wood-based panel price forecast
- key wood-based panel producers
Source: World: Wood-Based Panels - Market Report. Analysis And Forecast To 2025
