From 2013 to 2022, the hardboard production in Mexico maintained a stable value of 35.0 thousand cubic meters. However, 2023 saw a slight decline to 34.1 thousand cubic meters, representing a year-on-year variation of -2.56%. Forecasts indicate a continued downward trend, with production expected to decrease to 31.04 thousand cubic meters by 2028, reflecting a five-year CAGR of -1.5%, and an overall projected growth rate decline of -7.28% over this period.

Future trends to watch for:

Shifts in demand for sustainable and eco-friendly building materials, impacting production volumes.
Technological advancements in the production process that may improve efficiency and output.
Potential economic and policy changes affecting the forestry and construction sectors in Mexico.