Following several years of decline, the European particle-board production in the EPF member countries upturned by 2.5% in 2014 and exceeded the projection made last year. Output amounted to 29 million m3 although this production level remains far below the output peak of 37.8 million m3 observed in 2007. In 2014, significant increases of output were noted in Hungary, Latvia, Poland, Portugal, Spain and Norway. It is worth noting the actual recovery of activity in Iberia. On the other hand, production continued to collapse in Greece and declined to a lesser extent in Sweden. Concerning Greece, it is important to underscore that a large part of the capacities was shut down in 2014. On the contrary, facilities have been expanded in Hungary.
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