Belgium: Wooden Window Market 2022

Wooden Window Market Size in Belgium

In 2021, the Belgian wooden window market increased by 22% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a abrupt shrinkage. Wooden window consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wooden Window Production in Belgium

In value terms, wooden window production amounted to $X in 2021 estimated in export price. In general, production, however, showed a abrupt descent. The growth pace was the most rapid in 2018 with an increase of 6.6%. Wooden window production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wooden Window Exports

Exports from Belgium

Wooden window exports from Belgium soared to X tons in 2021, increasing by 58% on the previous year's figure. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,269%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, wooden window exports surged to $X in 2021. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,317%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for wooden window exports from Belgium, accounting for a 87% share of total exports. Moreover, wooden window exports to the Netherlands exceeded the volume sent to the second major destination, Luxembourg (X tons), more than tenfold. France (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at +43.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (+38.1% per year) and France (-2.5% per year).

In value terms, the Netherlands ($X) remains the key foreign market for wooden window exports from Belgium, comprising 85% of total exports. The second position in the ranking was held by Luxembourg ($X), with a 7.2% share of total exports. It was followed by France, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +45.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (+44.8% per year) and France (+2.3% per year).

Export Prices by Country

In 2021, the average wooden window export price amounted to $X per ton, which is down by -24.1% against the previous year. Over the period under review, the export price, however, recorded a mild expansion. The growth pace was the most rapid in 2017 when the average export price increased by 67%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the highest price was recorded for prices to France ($X per ton) and Luxembourg ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Ireland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Window Imports

Imports into Belgium

In 2021, imports of windows, french windows and their frames of wood into Belgium expanded markedly to X tons, growing by 10% on the year before. Overall, imports saw a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 68% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, wooden window imports soared to $X in 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +47.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Poland (X tons) constituted the largest wooden window supplier to Belgium, with a 52% share of total imports. Moreover, wooden window imports from Poland exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland amounted to +37.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+66.7% per year) and Germany (-0.2% per year).

In value terms, Poland ($X) constituted the largest supplier of wooden window to Belgium, comprising 48% of total imports. The second position in the ranking was taken by Hungary ($X), with an 18% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to +26.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+53.1% per year) and Germany (-5.0% per year).

Import Prices by Country

In 2021, the average wooden window import price amounted to $X per ton, rising by 11% against the previous year. Overall, the import price, however, recorded a abrupt shrinkage. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (-3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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