The production of wood-based panels in Italy saw fluctuations between 2013 and 2023, with a notable growth period around 2018 and 2019. After peaking in 2018, the production faced a significant decline in 2020, partly due to the pandemic's impact. However, a steady recovery trend has been observed since then. By 2023, production stood at 3.9284 million cubic meters, showing a minor increase from the previous year. The year-on-year variation for 2023 was 1.69%, and the 5-year CAGR stood at -2.47%
Future trends to watch for include the impact of sustainable practices in the forestry sector, technological advancements in panel production, and potential shifts in market demand driven by construction and furniture industries. With a forecasted 5-year CAGR of 1.22%, a gradual growth trend is expected up to 2028, projecting a total growth of 6.27% over this period.
