China: Market for Builders' Joinery And Carpentry Of Wood 2025

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

The Chinese wooden joinery and carpentry market declined slightly to $X in 2021, which is down by -2.3% against the previous year. Overall, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -20.4% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Builders' Joinery And Carpentry Of Wood in China

In value terms, wooden joinery and carpentry production dropped to $X in 2021 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -24.9% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 40%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Builders' Joinery And Carpentry Of Wood

Exports from China

Wooden joinery and carpentry exports from China surged to X tons in 2021, jumping by 24% on the previous year's figure. The total export volume increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when exports increased by 49%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, wooden joinery and carpentry exports soared to $X in 2021. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Japan (X tons) and Hong Kong SAR (X tons) were the main destinations of wooden joinery and carpentry exports from China, together accounting for 44% of total exports. These countries were followed by the UK, Australia, Canada, Romania, the Philippines, Taiwan (Chinese), Ireland, the Netherlands, South Korea and the United Arab Emirates, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +23.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for builders' joinery and carpentry of wood exports from China, comprising 23% of total exports. The second position in the ranking was held by Japan ($X), with a 12% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-2.8% per year) and the UK (+17.0% per year).

Export Prices by Country

The average wooden joinery and carpentry export price stood at $X per ton in 2021, growing by 4.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

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 Australia ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 the Philippines (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Builders' Joinery And Carpentry Of Wood

Imports into China

Wooden joinery and carpentry imports into China expanded notably to X tons in 2021, growing by 13% compared with the year before. Overall, imports enjoyed a strong expansion. The growth pace was the most rapid in 2016 when imports increased by 88% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, wooden joinery and carpentry imports surged to $X in 2021. Over the period under review, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 54% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Austria (X tons), Germany (X tons) and Vietnam (X tons) were the main suppliers of wooden joinery and carpentry imports to China, together accounting for 38% of total imports. Poland, Croatia, Indonesia, Japan, Italy, Lithuania, Estonia, Hungary, Finland and the United States lagged somewhat behind, together comprising a further 48%.

From 2012 to 2021, the biggest increases were recorded for Croatia (with a CAGR of +213.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden joinery and carpentry suppliers to China were Germany ($X), Austria ($X) and Italy ($X), together comprising 44% of total imports. These countries were followed by Poland, Croatia, Lithuania, Indonesia, Estonia, Vietnam, Hungary, Japan, Finland and the United States, which together accounted for a further 39%.

Croatia, with a CAGR of +193.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wooden joinery and carpentry import price amounted to $X per ton, surging by 4.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 25%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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 the United States ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :