Market research

Particle board of wood market in Georgia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

From 2018 to 2023, Georgia's particle board market volume fluctuated between 132.0 thousand m³ and 150.5 thousand m³. After reaching 144.9 thousand m³ in 2019, the market contracted to 132.0 thousand m³ in 2020, then recovered steadily to 150.5 thousand m³ by 2023. Domestic production remained stable at 9.9 thousand m³ annually, so all changes in market size were driven by variations in imports and exports.

In 2024, imports declined to 147.8 thousand m³ and exports fell to 14.8 thousand m³. Tighter formaldehyde emission standards in the United States and European Union, which require certification and labeling for composite wood products, affected international trade flows. Global supply chain disruptions and commodity price inflation also influenced import and export volumes during this period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Georgia
  1. 5.1.1. Annual dynamics of production in Georgia in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in Georgia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/m³
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/m³
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/m³
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production particle board of wood in Georgia

In kind, 2017-2020, m³

Top producers of particle board of wood, 2017-2020

Source: SHEV.io

World map of production of particle board of wood, 2017-2020

Source: SHEV.io

In 2020, Georgia produced 9 900 m³ of particle board, showing minimal change from the previous year. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.

Annual dynamics of production in Georgia in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

In value, 2017-2020, K $ US

Georgia's particle board production declined for the second consecutive year. In 2020, output was valued at 2 253 K $ US, reflecting a moderate decrease of 7.3% year-over-year. The maximum value was recorded in 2018 at 2 512 K $ US, with the largest increase that year at 11.0%.

Annual dynamics of production in Georgia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.0%	(3.2%)	(7.3%)	(0.1%)

Source: SHEV.io

Exports particle board of wood from Georgia

Exports in kind, K m³

In 2020, Georgia exported 19.2 K m³ of particle board, marking an 18.5% decrease from 2019. Between 2017 and 2020, exports fell by 39.1%, equating to an annualized rate of 15.2%. The largest decline was in 2018 at 26.1%, while the largest increase occurred in 2019 at 1.1%.

Annual dynamics of product's exports from Georgia in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(26.1%)	1.1%	(18.5%)	(15.2%)

Source: SHEV.io

From 2017 to 2020, Armenia and Azerbaijan dominated the geographical structure of Georgia's particle board exports in kind, jointly accounting for 99.9% of total flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Georgia in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Particle board deliveries from Georgia declined for the third consecutive year. In 2020, exports amounted to 4 365 K $ US, representing a 24.5% decline compared to the previous year. Between 2017 and 2020, exports decreased by 39.4%, equating to an annualized rate of 15.4%.

Annual dynamics of product's exports from Georgia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(18.0%)	(2.1%)	(24.5%)	(15.4%)

Source: SHEV.io

In 2017–2020, two markets—Armenia and Azerbaijan—dominated Georgia's particle board exports in value terms, jointly accounting for 99.8% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Georgia in value, 2017-2020

Source: SHEV.io

Imports particle board of wood to Georgia

Imports in kind, K m³

After a two-year increase, particle board shipments to Georgia from abroad declined. In 2020, import volume stood at 141.3 K m³, reflecting a 10.9% decrease compared to 2019. Between 2017 and 2020, imports fell by 6.9%, equating to an annualized rate of 2.4%. The maximum volume was recorded in 2019 at 158.6 K m³, with the largest increase that year at 4.3%.

Annual dynamics of product's imports to Georgia in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.1%	4.3%	(10.9%)	(2.4%)

Source: SHEV.io

From 2017 to 2020, Turkey was the dominant market for Georgia's particle board imports in kind, taking 87.6% of total flows, while other countries accounted for the residual share.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Georgia in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year increase, particle board deliveries to Georgia declined. In 2020, imports registered 26 094 K $ US, marking a 16.8% decrease year-over-year. Between 2017 and 2020, imports decreased by 4.6%, equating to an annualized rate of 1.5%. The maximum value was recorded in 2019 at 31 346 K $ US, with the largest increase in 2018 at 9.6%.

Annual dynamics of product's imports to Georgia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.6%	4.6%	(16.8%)	(1.5%)

Source: SHEV.io

In 2017–2020, Turkey accounted for 82.6% of Georgia's total particle board imports in value terms, with the remaining flows distributed among a broad group of smaller countries.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Georgia in value, 2017-2020

Source: SHEV.io