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The conflict between Russia and Ukraine and the derived economic sanctions has caused a more pronounced trend to burn wood for energy, which competes with the wood-based panel industry for wood raw materials. Thus, wood shortages and turmoil in the supply of chemical raw materials make it difficult for some panel factories to maintain normal production.<\/p>\n
It is expected that the demand for particleboard will continue to decline in 2022-2023, and then it will start to rebound. In 2022, Turkey has promoted the recovery of MDF demand in Eastern Europe (an increase of 500,000 m\u00b3), \u200b\u200bbut high inflation and the conflict between Russia and Ukraine will lead to a sharp decline in demand in 2023.<\/p>\n
Demand for OSB was strong during 2019-2021, mainly in China and Western European markets. Demand for OSB is expected to shrink in Western Europe and sharply in Eastern Europe due to lower construction activity. Factors such as the shortage of birch plywood and the limited potential of alternative species will hinder the development of plywood demand. Overall, there are many uncertainties in the short term, which will test both supply and demand. But in the medium and long term, the wood-based panel industry will be stronger after coming out of the recession.<\/p>\n
The supply of wood in the wood-based panel industry will face various challenges. The energy transition has created competition for wood in the energy industry. At the same time, new industries such as biomass fuel and biomass chemical industry also need wood. It is expected that the demand for wood-based panels will decline in 2022-2023, but it will start to rebound and repair in the fields of construction and furniture.<\/p>\n
The output of all kinds of wood-based panels have increased in 2022. Among them, the output of particleboard reached 34 million m\u00b3, an increase of 12%; the output of medium density fiberboard reached 12.9 million m\u00b3, an increase of 7.6%; the output of oriented strand board reached 7.2 million m\u00b3, an increase of 2%; the output of light fiberboard reached 5.6 million m\u00b3, an increase of 12.6% ; Plywood production reached 3.2 million m\u00b3, an increase of 12.2%.<\/p>","protected":false},"excerpt":{"rendered":"
The conflict between Russia and Ukraine and the derived economic sanctions has caused a more pronounced trend to burn wood for energy, which competes with the wood-based panel industry for wood raw materials. Thus, wood shortages and turmoil in the … Continue reading