China: Assembled Parquet Panels Market 2025

Assembled Parquet Panels Market Size in China

After two years of growth, the Chinese assembled parquet panels market decreased by -9.2% to $X in 2021. Over the period under review, consumption, however, saw a relatively flat trend pattern. Assembled parquet panels consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Assembled Parquet Panels Production in China

In value terms, assembled parquet panels production declined to $X in 2021 estimated in export price. Overall, production saw a mild decrease. The pace of growth was the most pronounced in 2020 when the production volume increased by 22%. Assembled parquet panels production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Assembled Parquet Panels Exports

Exports from China

In 2021, shipments abroad of assembled parquet panels was finally on the rise to reach X tons after three years of decline. In general, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 114% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, assembled parquet panels exports surged to $X in 2021. Overall, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when exports increased by 53% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of assembled parquet panels exports from China, together comprising 57% of total exports. These countries were followed by Hong Kong SAR, Belgium, Israel, South Korea, Spain, the United Arab Emirates, the Philippines, Italy, Canada and Australia, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +44.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for assembled parquet panels exports from China, comprising 28% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total exports. It was followed by France, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -21.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+3.4% per year) and France (+25.9% per year).

Export Prices by Country

In 2021, the average assembled parquet panels export price amounted to $X per ton, picking up by 8.1% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while the average price for exports to Spain ($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 Australia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Assembled Parquet Panels Imports

Imports into China

In 2021, assembled parquet panels imports into China rose slightly to X tons, growing by 1.6% compared with 2020 figures. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 130% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, assembled parquet panels imports rose significantly to $X in 2021. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 170% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Austria (X tons), Lithuania (X tons) and Vietnam (X tons) were the main suppliers of assembled parquet panels imports to China, with a combined 44% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +234.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Lithuania ($X) constituted the largest assembled parquet panels suppliers to China, with a combined 39% share of total imports. These countries were followed by Poland, Italy, Estonia, Croatia, Vietnam, Indonesia and Slovenia, which together accounted for a further 43%.

Vietnam, with a CAGR of +230.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average assembled parquet panels import price stood at $X per ton in 2021, rising by 7.5% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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