China: Wooden Window Market 2022

Wooden Window Market Size in China

In 2021, the Chinese wooden window market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Wooden Window Production in China

In value terms, wooden window production rose sharply to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 16%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Wooden Window Exports

Exports from China

In 2021, the amount of windows, french windows and their frames of wood exported from China surged to X tons, growing by 21% compared with the previous year's figure. Overall, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +79.3% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 42% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, wooden window exports soared to $X in 2021. In general, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), the UK (X tons) and Japan (X tons) were the main destinations of wooden window exports from China, with a combined 72% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +40.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden window exported from China were the United States ($X), the UK ($X) and Australia ($X), together accounting for 82% of total exports.

The UK, with a CAGR of +34.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wooden window export price amounted to $X per ton, increasing by 12% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 21%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($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 Hong Kong SAR (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Window Imports

Imports into China

In 2021, overseas purchases of windows, french windows and their frames of wood were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2016 when imports increased by 319% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, wooden window imports reduced markedly to $X in 2021. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 171% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Denmark (X tons) constituted the largest wooden window supplier to China, accounting for a 50% share of total imports. Moreover, wooden window imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Norway (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Denmark totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.5% per year) and Norway (+36.4% per year).

In value terms, Denmark ($X), Germany ($X) and Norway ($X) constituted the largest wooden window suppliers to China, together accounting for 75% of total imports.

Among the main suppliers, Norway, with a CAGR of +26.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden window import price stood at $X per ton in 2021, declining by -19.1% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 72% against the previous year. The import price peaked 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 the United States ($X per ton), while the price for Denmark ($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 (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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