Production of Wood Chips and Particles in Azerbaijan - 2022

Wood Chips and Particles Production in Azerbaijan - 2022

In 2022, approx. 100 cubic meters of wood chips and particles were produced in Azerbaijan; remaining stable against the previous year. In general, production continues to indicate a relatively flat trend pattern. Wood chips and particles production peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, wood chips and particles production reduced to $3.8K in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2017 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 28%. As a result, production reached the peak level of $4.7K. From 2020 to 2022, production growth remained at a somewhat lower figure.

Source: IndexBox Market Intelligence Platform

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