The production of wood chips, wood particles, and wood residues in Turkey has shown a consistent decline over the past decade. In 2023, the production stood at 0.84268 million cubic meters. Notably, the year-on-year decrease for 2022 was 3.83%, and for 2023, it was 3.94%. The compound annual growth rate (CAGR) from 2019 to 2023 was approximately -2.97%, underscoring a downward trend. Looking ahead, the forecast for the next five years suggests a continuing decline, with a CAGR of -3.54% and an overall reduction of 16.5% by 2028.
Future trends to watch for include advancements in recycling technologies, shifts in global demand patterns for wood products, and the impact of regulatory policies aimed at forest conservation. These factors could influence both the rate of decline and potential stabilization in production levels.
