The production of non-coniferous plywood in Italy is expected to steadily decline from 2024 to 2028. In 2023, the production stood at a certain volume, and the year-on-year variations indicate a decreasing trend:
- 2024: The production is forecasted at 168.1 thousand cubic meters.
- 2025: A decline of 4.54% to 160.47 thousand cubic meters.
- 2026: Further decrease by 4.67% to 152.99 thousand cubic meters.
- 2027: Another reduction of 4.79% to 145.67 thousand cubic meters.
- 2028: A continued drop by 4.93% to reach 138.49 thousand cubic meters.
The compound annual growth rate (CAGR) over this period indicates a consistent negative trend, pointing to a challenging market for non-coniferous plywood producers in Italy.
Future trends to watch include changes in construction and furniture demand, shifts in raw material availability, regulatory policies impacting trade, and advancements in plywood technology that might alter the current forecast.
