Which Countries Produce the Most Wood-Based Panels?
Wood-Based Panels March 03, 2017
Photo: © romankosolapov / Bigstockphoto
Global wood-based panel market production was estimated at 387,737 thousand cubic meters in 2015, which was 1,399 thousand cubic meters more than in 2013. There was an annual increase of +3.7% in physical terms for the period from 2007 to 2014.
In value terms, global wood-based panel production value dropped to 155,886 million USD in 2015, with mixed dynamics over the last few years. The decrease over the period from 2008 to 2009 was followed by strong growth to 2014.
According to market research conducted by IndexBox, China was the largest producer of wood-based panels in absolute volumes, at 191,225 thousand cubic meters. It was followed by the U.S. (33,797 thousand cubic meters), Russia (13,606 thousand cubic meters), Canada (12,789 thousand cubic meters), Germany (12,230 thousand cubic meters), and Brazil (11,804 thousand cubic meters).
China attained the most notable growth rates in wood-based panel production among the main producing countries from 2007 to 2015 (+10.9% per year), while Russia (+3.3%) and Brazil (+2.2%) experienced more modest paces of growth. The U.S., Canada, and Germany showed negative dynamics.
However, Canada was responsible for 37% of the increase in global wood-based panel production from 2014 to 2015. 27% of the increase is attributed to Russia, compared with 3% of the increase attributable to the U.S.
Top 5 countries producing 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 market forecast
- wood-based panel price forecast
- key wood-based panel producers
Source: World: Wood-Based Panels - Market Report. Analysis And Forecast To 2025
