The European wood-based panels market will start to gradually recover from mid-2025, delegates at the European Wood Based Panels symposium in Hamburg were told on October 10. Thomas Walther, of consultant Afry, told the 375-strong event that European panel markets will gradually recover after a period of decline, but demand levels by 2027 are unlikely to reach pre-Covid levels. His predictions for 2024 in the particleboard and MDF key product areas forecast a -1% demand reduction for both, with MDF down by 100,000m3 and PB by 600,000m3. Then a +1% growth is ...
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