Analyzing the historical data for plywood production in Chile from 2013 to 2023 shows a range of fluctuations. Production volume dropped by 8.7% in 2013, followed by substantial growth in the subsequent years, reaching a peak of 1,300 thousand cubic meters from 2015 to 2019. A sharp decline of 9.23% was observed in 2020, maintaining at 1,180 thousand cubic meters through 2021. Production rebounded by 16.95% in 2022, reaching 1,380 thousand cubic meters, and slightly increased by 2.02% in 2023 to stand at 1,407.9 thousand cubic meters.
From 2024 onwards, a steady increase is forecasted, with production expected to reach 1,547.3 thousand cubic meters by 2028. The compound annual growth rate (CAGR) for the last five years stands at 1.61%, with a forecasted CAGR of 1.5% for the upcoming five years, reflecting a 7.73% growth rate.
Future trends to watch for include:
- Potential impacts of market demand variations and supply chain disruptions.
- Changes in environmental regulations affecting production processes.
- Technological advancements in production efficiency and product quality.
