The production of wood chips and wood particles in Argentina has shown significant volatility over the past decade. From 2013 to 2017, production varied widely with notable declines and occasional increases, reflecting an unstable market or varying demand. Starting in 2018, there was a remarkable rise by 85.67%, followed by a subsequent dip and then stabilization around 2.3026 million cubic meters from 2021 to 2023.
As of 2023, the production stood at 2.306 million cubic meters, indicating minimal year-on-year growth (0.15%). The five-year CAGR from 2018 to 2023 was 2.25%, suggesting overall gradual growth despite yearly fluctuations.
Looking ahead, forecasted data suggest a continued upward trend, with production expected to reach 2.6574 million cubic meters by 2028. This future growth points to a favorable outlook for the industry.
Future trends to watch for include:
- Environmental regulations and sustainability practices which might influence production methods.
- Technological advancements in wood processing which could enhance efficiency and output.
- Global market demand and trade policies affecting export opportunities.
