Australia: Wooden Door Market 2024

Wooden Door Market Size in Australia

In 2021, the Australian wooden door market increased by 23% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Wooden Door Exports

Exports from Australia

After three years of decline, overseas shipments of doors and their frames and thresholds of wood increased by 18% to X units in 2021. In general, exports, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 55% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, wooden door exports skyrocketed to $X in 2021. Overall, exports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2016 when exports increased by 39% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units) was the main destination for wooden door exports from Australia, accounting for a 95% share of total exports. It was followed by Papua New Guinea (X units), with a 1.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to New Zealand amounted to -4.7%.

In value terms, New Zealand ($X) remains the key foreign market for doors and their frames and thresholds of wood exports from Australia, comprising 95% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a 1.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand was relatively modest.

Export Prices by Country

In 2021, the average wooden door export price amounted to $X per unit, rising by 8.4% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden door export price increased by +101.7% against 2016 indices. The growth pace was the most rapid in 2018 when the average export price increased by 74% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was New Zealand ($X per unit), while the average price for exports to Papua New Guinea totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+4.2%).

Wooden Door Imports

Imports into Australia

In 2021, purchases abroad of doors and their frames and thresholds of wood increased by 8.4% to X units for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when imports increased by 16%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, wooden door imports surged to $X in 2021. The total import value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Indonesia (X units), China (X units) and Malaysia (X units) were the main suppliers of wooden door imports to Australia, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +18.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden door suppliers to Australia were Indonesia ($X), China ($X) and Malaysia ($X), together comprising 93% of total imports.

China, with a CAGR of +19.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average wooden door import price stood at $X per unit in 2021, increasing by 17% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2014; afterwards, it flattened through to 2021.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Vietnam ($X per unit) and Indonesia ($X per unit), while the price for New Zealand ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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