Asia: 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 Asia

The Asian market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X in 2022, picking up by 2.4% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.1% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

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

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) rose to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.3% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 26% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports in Asia

In 2022, the amount of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) exported in Asia fell markedly to X tons, which is down by -26.1% compared with the previous year's figure. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 38% against the previous year. 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) contracted to $X in 2022. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of 38% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels), namely China, Vietnam and Indonesia, represented more than two-thirds of total export. The Philippines (X tons) held a 10% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (6.8%) and Turkey (5.2%). Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +15.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and Indonesia ($X) were the countries with the highest levels of exports in 2022, with a combined 69% share of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +14.7%, saw the highest rates of growth with regard to 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

In 2022, the export price in Asia amounted to $X per ton, jumping by 18% against the previous year. In general, the export price, however, recorded a noticeable setback. The pace of growth was the most pronounced in 2018 an increase of 23%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Philippines ($X per ton) and China ($X per ton), while Turkey ($X per ton) and Indonesia ($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 Asia

In 2022, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in Asia fell dramatically to X tons, waning by -38.2% on 2021 figures. In general, imports saw a noticeable contraction. The pace of growth was the most pronounced in 2017 when imports increased by 15%. As a result, imports reached 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) reduced dramatically to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

Japan dominates panels) structure, recording X tons, which was near 63% of total imports in 2022. South Korea (X tons), Vietnam (X tons), Iran (X tons), Macao SAR (X tons), India (X tons), Palestine (X tons) and China (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) imports into Japan stood at -3.3%. At the same time, South Korea (+18.9%), Macao SAR (+16.8%), Iran (+13.1%), China (+10.9%), India (+7.7%) and Palestine (+6.5%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Asia, with a CAGR of +18.9% from 2012-2022. Vietnam experienced a relatively flat trend pattern. South Korea (+3.7 p.p.), Iran (+2.2 p.p.) and Macao SAR (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by -5.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in Asia, comprising 69% of total imports. The second position in the ranking was taken by Iran ($X), with a 3.3% share of total imports. It was followed by South Korea, with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan was relatively modest. In the other countries, the average annual rates were as follows: Iran (+18.9% per year) and South Korea (+16.9% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, surging by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Iran ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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