Particleboard producers are trying to load their laminating facilities as much as possible
As of late December 2023, WhatWood estimates the 2023 particleboard output in Russia (including laminated particleboard) at 7.7 million m³ (+15 YoY). The annual utilization of production facilities was 86% (not counting non-operational facilities) compared to 74% in 2022. This performance will be adjusted after the financial year is closed and producers refine their production indicators.
Particleboard output (including laminated particleboard) is consistently high in the current season. December was no exception. According to WhatWood estimates, in December, the demand/supply equilibrium in the market seems increasingly close.
Just like in previous months, particleboard producers are trying to load their particleboard lamination facilities as much as possible. Product portfolios of almost all Russian producers feature laminated particleboard. In the current year, the shares of laminated particleboard and particleboard output changed. In 2022, they accounted for 76% and 24% of the output, respectively, while in 2023, the share of laminated particleboard increased.