The production of wood chips, wood particles, and wood residues in Argentina has shown variability over the past decade, standing at 6.4984 million cubic meters in 2023. From 2013 to 2018, the industry experienced significant fluctuations with notable peaks in 2014 and 2018. The year-on-year variations ranged from a decline of 13.11% in 2017 to a substantial increase of 32.68% in 2018. The last two years showed marginal year-on-year growth of 0% in 2022 and 6.68% in 2023. The CAGR over the last five years was 1.3%, indicating a steady but modest growth trajectory.
Looking forward, forecast data suggest a continued upward trend in production, with a projected CAGR of 2.08% over the next five years, culminating in a production value of 7.41 million cubic meters by 2028. This forecast indicates an overall growth rate of 10.86% from 2024 onwards.
Future trends to watch for include technological advances in wood processing, governmental policy impacts, and the global demand for sustainable materials. Monitoring these factors can provide insight into potential production shifts and market dynamics in the coming years.
