Asia-Pacific: 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-Pacific

The Asia-Pacific market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) rose to $X in 2022, surging by 2.6% against the previous year. In general, consumption, however, showed a resilient increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

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

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted 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 +5.2% 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 -3.9% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 25%. Over the period under review, production of attained the maximum level 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-Pacific

In 2022, approx. X tons of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) were exported in Asia-Pacific; waning by -27.1% against the year before. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2013 when exports increased by 35%. Over the period under review, the exports of reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) fell to $X in 2022. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by 36%. 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

China (X tons), Vietnam (X tons) and Indonesia (X tons) represented roughly 76% of total exports in 2022. The Philippines (X tons) ranks next in terms of the total exports with a 10% share, followed by Malaysia (7.1%). 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 leading exporting countries, was attained by Vietnam (with a CAGR of +15.8%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and Indonesia ($X) constituted the countries with the highest levels of exports in 2022, with a combined 72% 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

The export price in Asia-Pacific stood at $X per ton in 2022, with an increase of 20% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The pace of growth was the most pronounced in 2018 an increase of 22% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 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 ($X per ton) and China ($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 Asia-Pacific

In 2022, the amount of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) imported in Asia-Pacific shrank markedly to X tons, waning by -45% against the previous year's figure. Over the period under review, imports recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 when imports increased by 19% against the previous year. 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) fell sharply to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

Japan prevails in panels) structure, reaching X tons, which was approx. 69% of total imports in 2022. Australia (X tons) ranks second in terms of the total imports with a 6% share, followed by South Korea (4.7%). Vietnam (X tons), Macao SAR (X tons), India (X tons) and China (X tons) held a little share of total imports.

Imports into Japan decreased at an average annual rate of -3.3% from 2012 to 2022. At the same time, South Korea (+18.9%), Macao SAR (+16.8%), China (+10.9%) and India (+7.7%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +18.9% from 2012-2022. Vietnam experienced a relatively flat trend pattern. By contrast, Australia (-11.6%) illustrated a downward trend over the same period. While the share of South Korea (+4.1 p.p.), Macao SAR (+2.4 p.p.) and Vietnam (+1.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-8.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in Asia-Pacific, comprising 75% of total imports. The second position in the ranking was taken by Australia ($X), with a 6.9% share of total imports. It was followed by South Korea, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value in Japan was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Australia (-5.2% per year) and South Korea (+16.9% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, with an increase of 23% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :