Forecasts and analytics of the plywood production market

According to the analytical agency WhatWood, the volume of plywood production in Russia by the end of 2024 will be 6-8% higher compared to 2023, reaching 3.5 million m3. Despite the decline in March, production showed stable growth in August - October.

Experts expect that the growth rate of plywood consumption will slow down due to a decrease in activity in the construction industry. Nevertheless, the development of export deliveries can compensate for the domestic decline. Under a favorable scenario, plywood production in 2025 will increase by 2.9% and amount to 3.6 million m3.

Thus, the plywood market remains stable, and the prospects for the coming year will largely depend on the dynamics of foreign trade and the situation in the construction industry.