In 2023, the production of fibreboard in Chile stood at 1.0973 million cubic meters. According to forecasts, production is expected to rise to 1.1177 million cubic meters in 2024, showing a year-on-year variation of 1.85%. The growth trend is set to continue, with production projected to reach 1.138 million cubic meters in 2025 (up by 1.82%), 1.1581 million cubic meters in 2026 (up by 1.77%), 1.178 million cubic meters in 2027 (up by 1.72%), and 1.1977 million cubic meters in 2028 (up by 1.67%).
In terms of percentage variation over the last two years (2024-2023), there was a cumulative increase of 3.25%. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period (2024-2028) is approximately 1.75% per annum.
Future trends to watch for include potential technological advancements in the production process which could improve efficiency, the impact of government policies and regulations on the industry, and fluctuations in global demand and competition, particularly from other South American countries. Environmental concerns and sustainability practices may also play significant roles in shaping the future landscape of fibreboard production in Chile.
