The sold production of veneer sheets and wood-based panels in Spain has shown fluctuations over the past decade. From 2013 to 2023, the production ranged from a low of 172.57 million square meters in 2020 to a peak of 202.3 million square meters in 2023. Notable year-on-year variations occurred, such as a significant decline of 9.66% in 2020 and a notable increase of 13.48% in 2021, demonstrating a resilient recovery post-2020. The 5-year CAGR from 2018 to 2023 stands at a modest 0.54%, indicating slow but steady growth.

Future trends to watch for:

Steady annual growth expected with a forecasted 5-year CAGR of 1.72% from 2023 to 2028.
Overall forecasted growth rate of 8.91% by 2028, reaching approximately 225.49 million square meters.
Potential impacts of economic policies, technological advancements, and environmental regulations on production patterns.