ASEAN: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2025

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in ASEAN

The ASEAN market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) rose slightly to $X in 2022, increasing by 3.3% against the previous year. Over the period under review, consumption continues to indicate moderate growth. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in ASEAN

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 16% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports in ASEAN

In 2022, approx. X tons of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) were exported in ASEAN; dropping by -23.1% against the year before. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 45%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) reduced to $X in 2022. Over the period under review, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 41%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

In 2022, Vietnam (X tons) and Indonesia (X tons) were the major exporters of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in ASEAN, together comprising 68% of total exports. The Philippines (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (11%). Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of +15.8%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) supplying countries in ASEAN were Vietnam ($X), Indonesia ($X) and the Philippines ($X), together accounting for 83% of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +14.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, growing by 15% against the previous year. In general, the export price, however, saw a perceptible setback. The pace of growth was the most pronounced in 2018 when the export price increased by 24%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Philippines ($X per ton) and Malaysia ($X per ton), while Indonesia ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.6%), while the other leaders experienced more modest paces of growth.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports in ASEAN

In 2022, approx. X tons of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) were imported in ASEAN; waning by -28.2% compared with the year before. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2017 when imports increased by 107%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) fell remarkably to $X in 2022. In general, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 when imports increased by 88% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Vietnam represented the key importer of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in ASEAN, with the volume of imports reaching X tons, which was near 50% of total imports in 2022. Indonesia (X tons) held a 14% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (14%), Malaysia (7.1%), the Philippines (6.7%) and Thailand (4.7%). Cambodia (X tons) took a relatively small share of total imports.

Vietnam experienced a relatively flat trend pattern with regard to volume of imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels). At the same time, Cambodia (+11.8%) and Indonesia (+10.3%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +11.8% from 2012-2022. By contrast, Thailand (-2.4%), Singapore (-6.1%), Malaysia (-15.6%) and the Philippines (-17.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, Indonesia and Cambodia increased by +23, +11 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) importing markets in ASEAN were Vietnam ($X), Singapore ($X) and the Philippines ($X), together comprising 70% of total imports. Malaysia, Indonesia, Thailand and Cambodia lagged somewhat behind, together comprising a further 29%.

Indonesia, with a CAGR of +10.7%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, waning by -3.3% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by +66.6% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of 32%. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+16.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform