Sales on the domestic Russian market amounted to 1.5 million m3, with the white plywood segment reaching 1.2 million m3. The volume of the market of softwood plywood by the end of 2015 made up 278,000m3.
The Russian plywood industry shows strong growth dynamics in terms of production volumes in the last six years, being one of the most reliable and profitable sectors of the forest complex for investors. The compound annual growth rate (CAGR) of production in the period from 2009 to 2015 reached 8%.
The existing installed capacities for the production of plywood at the beginning of 2015 were estimated at 4 million m3/year, and capacity utilisation is 85-90%.
The location of plywood production facilities and consumption locations in Russia is not homogeneous: about 90% of mills are concentrated in the European part of the country. Despite a very broad application scope of white plywood, the construction sector and furniture industry are the main consumers.
