European panel production decreased in 2019

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EPF/Fordaq
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According to the recently published EPF Annual Report 2019-2020 the total production of European wood-based panels posted a dip of 1.8% in 2019 after five consecutive years of growth, reaching a total of 59.2 million m³. Particleboard production increased by 0.5% to 32.1 million m³ thanks to capacity additions. MDF contracted by 3.7% to a total of 12.1 million m³ partly due to announced capacity closures. Oriented Strand Board (OSB), the third largest panel type by volume, declined by 0.8% to 6.8 million m³. Softboard is the next largest panel type. It's production decreased by 8.6% to reach 4.7 million m³ driven by announced capacity closures. Plywood production went down by 7.8% to 3 million m³. Hardboard is the smallest panel type with 491,000 m³ of production in 2019, which was down by 7.3% compared to 2018.

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