In 2023, Turkey’s plywood production stood at 115.39 thousand cubic meters. Over the last two years, the production showed an upward trend, with a year-on-year increase of 3.88% in 2023 following a 5.59% rise in 2022. The compound annual growth rate (CAGR) for the past five years was 0.6%. Following this trend, the forecasted plywood production for 2028 is expected to reach 120.44 thousand cubic meters with a CAGR of 0.68%, reflecting a 3.45% growth rate over the period.

Future trends to watch for include:

Continued steady increase in production driven by domestic demand and export opportunities.
Impact of technological advancements and environmental regulations on production processes.
Fluctuations in raw material prices potentially affecting overall output.