Austria: Market for Builders' Joinery And Carpentry Of Wood 2024

Market Size for Builders' Joinery And Carpentry Of Wood in Austria

The Austrian wooden joinery and carpentry market expanded remarkably to $X in 2021, growing by 14% against the previous year. The market value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Builders' Joinery And Carpentry Of Wood in Austria

In value terms, wooden joinery and carpentry production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Builders' Joinery And Carpentry Of Wood

Exports from Austria

In 2021, approx. X tons of builders' joinery and carpentry of wood were exported from Austria; with an increase of 6.3% compared with the year before. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 7.7%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, wooden joinery and carpentry exports surged to $X in 2021. Over the period under review, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +75.2% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Germany (X tons) and France (X tons) were the main destinations of wooden joinery and carpentry exports from Austria, together comprising 62% of total exports. These countries were followed by Switzerland, Japan, Spain, Belgium, the UK and the United Arab Emirates, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +17.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden joinery and carpentry exported from Austria were Germany ($X), Italy ($X) and Switzerland ($X), with a combined 64% share of total exports. These countries were followed by France, Japan, Spain, the UK, Belgium and the United Arab Emirates, which together accounted for a further 18%.

Among the main countries of destination, Belgium, with a CAGR of +14.5%, saw 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

In 2021, the average wooden joinery and carpentry export price amounted to $X per ton, surging by 31% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Builders' Joinery And Carpentry Of Wood

Imports into Austria

In 2021, overseas purchases of builders' joinery and carpentry of wood increased by 20% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 38% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, wooden joinery and carpentry imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +61.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest wooden joinery and carpentry supplier to Austria, with a 34% share of total imports. Moreover, wooden joinery and carpentry imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+22.5% per year) and the Czech Republic (+4.4% per year).

In value terms, Germany ($X) constituted the largest supplier of builders' joinery and carpentry of wood to Austria, comprising 37% of total imports. The second position in the ranking was held by Poland ($X), with a 9.4% share of total imports. It was followed by Hungary, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+16.3% per year) and Hungary (+6.7% per year).

Import Prices by Country

In 2021, the average wooden joinery and carpentry import price amounted to $X per ton, increasing by 8.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2018 when the average import price increased by 9.8%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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