Benelux: Wood-Based Panels Market 2025

Wood-Based Panels Market Size in Benelux

In 2022, the Benelux wood-based panels market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Wood-Based Panels Production in Benelux

In value terms, wood-based panels production totaled $X in 2022 estimated in export price. In general, production continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Wood-Based Panels Exports

Exports in Benelux

In 2022, wood-based panels exports in Benelux declined modestly to X cubic meters, remaining constant against the previous year. Total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X cubic meters, leveling off in the following year.

In value terms, wood-based panels exports declined modestly to $X in 2022. Total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then reduced modestly in the following year.

Exports by Country

In 2022, Belgium (X cubic meters) represented the key exporter of wood-based panels, achieving X% of total exports. The Netherlands (X cubic meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Luxembourg (X%).

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

In value terms, Belgium ($X) remains the largest wood-based panels supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belgium stood at X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Luxembourg (X% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per cubic meter, dropping by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per cubic meter, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per cubic meter), while the Netherlands ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced a decline in the export price figures.

Wood-Based Panels Imports

Imports in Benelux

In 2022, after two years of growth, there was significant decline in supplies from abroad of wood-based panels, when their volume decreased by X% to X cubic meters. Total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X cubic meters, and then dropped in the following year.

In value terms, wood-based panels imports reached $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The Netherlands represented the main importer of wood-based panels in Benelux, with the volume of imports reaching X cubic meters, which was near X% of total imports in 2022. It was distantly followed by Belgium (X cubic meters), mixing up a X% share of total imports. Luxembourg (X cubic meters) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood-based panels importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per cubic meter, jumping by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while Luxembourg ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform