Wood-based panels production in Argentina has shown fluctuating trends over the past decade. In 2023, it stood at 1.1631 million cubic meters, increasing slightly by 0.56% from the previous year. The last two years experienced minor growth, reflecting some level of stability in recent times. However, the five-year compound annual growth rate (CAGR) leading up to 2023 indicates a moderate increase of 2.02% per year.
Future trends to watch for include:
- Projected steady growth with a forecasted CAGR of 0.5% for the next five years.
- An anticipated production level reaching 1.2005 million cubic meters by 2028, reflecting a 2.54% growth rate over the forecast period.
