United Kingdom - Wooden Frames For Paintings, Photographs, Mirrors Or Similar Objects - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUK Wooden Frame Price Rises Markedly to $23.2 per Unit
United Kingdom Wooden Frame Import Price in July 2022
In July 2022, the wooden frame price stood at $23.2 per unit (CIF, United Kingdom), growing by 9.5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 when the average import price increased by 30% m-o-m. As a result, import price reached the peak level of $25.8 per unit. From May 2022 to July 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($61.4 per unit), while the price for Latvia ($20.8 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Sweden (+28.0%), while the prices for the other major suppliers experienced mixed trend patterns.
United Kingdom Wooden Frame Imports
In July 2022, after two months of growth, there was significant decline in overseas purchases of wooden frames for paintings, photographs, mirrors or similar objects, when their volume decreased by -18.7% to 221K units. In general, total imports indicated mild growth from January 2022 to July 2022: its volume increased at an average monthly rate of +1.8% over the last six months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, imports increased by +50.3% against April 2022 indices. The pace of growth appeared the most rapid in June 2022 when imports increased by 44% month-to-month. Imports peaked at 276K units in March 2022; however, from April 2022 to July 2022, imports remained at a lower figure.
In value terms, wooden frame imports contracted to $5.1M (IndexBox estimates) in July 2022. The total import value increased at an average monthly rate of +2.1% over the period from January 2022 to July 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in June 2022 when imports increased by 40% against the previous month. As a result, imports attained the peak of $5.7M, and then fell in the following month.
United Kingdom Wooden Frame Imports by Country
In July 2022, China (154K units) constituted the largest wooden frame supplier to the UK, with a 70% share of total imports. Moreover, wooden frame imports from China exceeded the figures recorded by the second-largest supplier, Poland (54K units), threefold. The third position in this ranking was taken by Italy (3.4K units), with a 1.5% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of volume from China totaled +2.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Poland (+13.3% per month) and Italy (+2.5% per month).
In value terms, China ($3.3M) constituted the largest supplier of wooden frame to the UK, comprising 64% of total imports. The second position in the ranking was taken by Poland ($1.2M), with a 24% share of total imports. It was followed by Italy, with a 4.1% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of value from China amounted to +1.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Poland (+11.1% per month) and Italy (+4.8% per month).
Wooden Frame Market Overview
The major drivers for wooden frame market are the growing construction industry and the demand for eco-friendly products. However, the high cost of raw materials and skilled labor is expected to restraint the market growth.
The UK construction industry is one of the major drivers for the wooden frame market. The sector has been growing steadily over the past few years and is expected to continue its upward trend in the coming years. The increasing demand for eco-friendly and sustainable products is also driving the market growth. Wood frames are made from renewable resources and are recyclable, which makes them an attractive option for eco-conscious consumers.
Wood frames are known to improve indoor air quality by absorbing harmful toxins and chemicals. They are also hypoallergenic and provide thermal insulation, which can help reduce energy bills.
Wooden Frame Market Overview
The major drivers for wooden frame market are the growing construction industry and the demand for eco-friendly products. However, the high cost of raw materials and skilled labor is expected to restraint the market growth.
The UK construction industry is one of the major drivers for the wooden frame market. The sector has been growing steadily over the past few years and is expected to continue its upward trend in the coming years. The increasing demand for eco-friendly and sustainable products is also driving the market growth. Wood frames are made from renewable resources and are recyclable, which makes them an attractive option for eco-conscious consumers.
Wood frames are known to improve indoor air quality by absorbing harmful toxins and chemicals. They are also hypoallergenic and provide thermal insulation, which can help reduce energy bills.
This report provides an in-depth analysis of the wooden frame market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16291420 - Wooden frames for paintings, photographs, mirrors or similar objects
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
