Russian production of wood-based panels falls to level of twelve years ago due to sanctions

In 2022, the production of particleboard and OSB in Russia decreased by 10.5%, to 10.3 million m3, and this of fibreboard and MDF declined by 12.1%, to 649 million m3. Plywood output fell by 28.8% to 3.24 million m3. The reason for the decline 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.