From 2013 to 2022, the wood-based panels production in Chile has shown a generally positive trend, with an increase from 2.624 to 3.4888 million cubic meters. The year-on-year variations ranged from -4.77% in 2016 to 9.19% in 2015. The CAGR over the last five years stood at 2.65%. For future projections, the production is expected to grow from 3.5021 in 2023 to 3.9021 million cubic meters in 2028, representing a forecasted 5-year CAGR of 1.72%.
Future trends to watch include technological advancements in wood processing and potential environmental regulations which could impact production. Keeping an eye on global demand and local economic conditions will also be crucial.
