Belarus: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2024

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in Belarus

The Belarusian market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X in 2022, increasing by 3% against the previous year. Overall, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 -9.6% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 -5.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 27%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

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

Exports from Belarus

Exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Belarus surged to X tons in 2022, growing by 18% on the previous year. Overall, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 48%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) expanded modestly to $X in 2022. In general, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 48%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Hungary (X tons), Lithuania (X tons) and Russia (X tons) were the main destinations of exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Belarus, together comprising 44% of total exports. Germany, Poland, France, Italy, the Netherlands and Latvia lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +56.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Russia ($X) and Lithuania ($X) constituted the largest markets for wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) exported from Belarus worldwide, with a combined 45% share of total exports. Hungary, Poland, the Netherlands, France, Italy and Latvia lagged somewhat behind, together comprising a further 43%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +82.3%, recorded 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 average export price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X per ton in 2022, declining by -13.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

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 the Netherlands ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Belarus

In 2022, overseas purchases of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by -5.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 67% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) rose slightly to $X in 2022. In general, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2013 with an increase of 72% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) supplier to Belarus, with a 76% share of total imports. Moreover, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Russia exceeded the figures recorded by the second-largest supplier, Poland (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+19.8% per year) and Italy (+31.5% per year).

In value terms, Russia ($X) constituted the largest supplier of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) to Belarus, comprising 67% of total imports. The second position in the ranking was held by Poland ($X), with an 8.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+16.6% per year) and Italy (+25.9% per year).

Import Prices by Country

In 2022, the average import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X per ton, surging by 9.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 21%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :