Australia: Wooden Frame Market 2025

Wooden Frame Market Size in Australia

In 2022, after two years of growth, there was decline in the Australian wooden frame market, when its value decreased by -4.2% to $X. The market value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then contracted modestly in the following year.

Wooden Frame Exports

Exports from Australia

In 2022, overseas shipments of wooden frames for paintings, photographs, mirrors or similar objects decreased by -66.6% to X units, falling for the fourth consecutive year after four years of growth. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2015 with an increase of 255% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, wooden frame exports dropped remarkably to $X in 2022. In general, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of 182% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X units) was the main destination for wooden frame exports from Australia, accounting for a 63% share of total exports. Moreover, wooden frame exports to New Zealand exceeded the volume sent to the second major destination, Vietnam (X units), fivefold. The United States (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+45.2% per year) and the United States (+26.9% per year).

In value terms, New Zealand ($X) remains the key foreign market for wooden frames for paintings, photographs, mirrors or similar objects exports from Australia, comprising 58% of total exports. The second position in the ranking was taken by the United States ($X), with a 17% share of total exports. It was followed by Vietnam, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+16.4% per year) and Vietnam (+56.9% per year).

Export Prices by Country

The average wooden frame export price stood at $X per unit in 2022, with an increase of 52% against the previous year. Overall, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2013 when the average export price increased by 109% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Frame Imports

Imports into Australia

After two years of growth, overseas purchases of wooden frames for paintings, photographs, mirrors or similar objects decreased by -2.8% to X units in 2022. Over the period under review, imports continue to indicate a mild decline. The pace of growth was the most pronounced in 2015 with an increase of 21% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden frame imports contracted to $X in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 19%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden frame to Australia, accounting for a 75% share of total imports. Moreover, wooden frame imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), sixfold. The third position in this ranking was held by Indonesia (X units), with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+12.2% per year) and Indonesia (+3.2% per year).

In value terms, China ($X) constituted the largest supplier of wooden frames for paintings, photographs, mirrors or similar objects to Australia, comprising 75% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 12% share of total imports. It was followed by Indonesia, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+13.9% per year) and Indonesia (+10.1% per year).

Import Prices by Country

In 2022, the average wooden frame import price amounted to $X per unit, reducing by -3.4% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame import price increased by +6.7% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 61% against the previous year. The import price peaked at $X per unit in 2021, and then dropped in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($X per unit) and Malaysia ($X per unit), while the price for Thailand ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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