Russian plywood production increased by one-fourth in January 2024

According to the Federal State Statistics Service (Rosstat), the Russian plywood production surged by 25% YoY in January 2024, up to 254,000 m³. Such a high growth rate was caused by extremely poor performance in January 2023 (203,000 m³). The production volume in January 2024 is comparable to plywood output in January of 2012 and 2013 (250,000 and 259,000 m³, respectively).

Compared to December 2023, the plywood production dropped by 7.6%.