Strong Decrease of Russian Wooden Panel Industry in 2022

RUSSIA -According to the information from Association of Furniture and Woodworking Industries of Russia, in 2022, the production of particleboard and OSB in Russia was down by 10.5%, to 10.3 million m3, and the production  of fibreboard and MDF fell by 12.1%, to 6.4 million m3.

1019RUSIA2Plywood production fell by 28.8% to 3.24 million m3.

The reason for the fall in the production of wood-based panels was the closure of the main export destinations due to European sanctions, as well as a drop in demand in the domestic market.

Plywood producers in Russia have been the most affected as exports and prices plummet. “In November 2022, Russian plywood mills reached a ten-year low in terms of output and returned to 2010 levels,” said Timur Irtuganov, director of the Russian association of furniture and woodworking industries.

If the current conditions continue, the decline in the manufacture of wooden panels will continue this year. In 2023, the production of particleboard in Russia will decrease by 8%, while the production of fiberboard and plywood will fall by another 14%.

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