Types of Wood-Based Panels and their Economic Impact

European Panel FederationWood-Based Panel IndustryTypes of Wood-Based Panels and their Economic Impact

Total wood-based panel production in EPF countries fell by 7.8 % in 2022 compared to 2021 and final numbers come close to the pre-crisis levels of 2019.

2022 was a year characterised by a relatively strong first half, followed by a weaker second half, caused by softening user demand and falling consumer confidence, affecting construction, furniture, packaging and other markets.

The outlook 2023 remains challenging, but with healthy long-term prospects for the natural, sustainable, climate positive wood-based panel industry.

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