Angola's wood-based panels production remained static at 10.0 thousand cubic meters from 2013 to 2022. However, 2023 saw a slight increase to 10.05 thousand cubic meters, reflecting a year-on-year variation of 0.53% and a compound annual growth rate (CAGR) of 0.11% over the past five years.
Looking ahead, forecast data projects a gradual increase in production, with an anticipated 10.31 thousand cubic meters by 2028. This represents a five-year CAGR of 0.4% and an overall growth rate of 2% over this period.
Future trends to watch for include advancements in manufacturing technology, sustainability initiatives, and possible governmental policies focused on increasing production capacity.
