Spain's production of wood chips and wood particles experienced noteworthy fluctuations from 2013 to 2023. The annual production varied, peaking in 2017 at a significant 2.0783 million cubic meters before dropping and stabilizing around the 1.9 million cubic meter mark in later years. In 2023, production stood at 1.9491 million cubic meters, reflecting a slight decline of 0.68% compared to the previous year. Over the last five years, the compound annual growth rate (CAGR) showed a modest increase of 1.5%.

Future trends to watch out for include:

Continued slight decline with forecasted five-year CAGR at -0.2% until 2028.
Sustainable production practices in response to environmental regulations could affect output.
Technological advancements in wood processing impacting efficiency and production rates.