CIS: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in CIS

The CIS assembled parquet panels market was estimated at $X in 2021, increasing by 5.6% against the previous year. Overall, consumption, however, recorded a mild reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Assembled Parquet Panels Production in CIS

In value terms, assembled parquet panels production expanded sharply to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 20% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Assembled Parquet Panels Exports

Exports in CIS

In 2021, the amount of assembled parquet panels exported in the CIS skyrocketed to X tons, with an increase of 40% on the year before. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.0% over the last nine-year period. 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.

In value terms, assembled parquet panels exports surged to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +74.7% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus was the main exporter of assembled parquet panels in the CIS, with the volume of exports recording X tons, which was approx. 60% of total exports in 2021. It was distantly followed by Russia (X tons), making up a 38% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +41.2%).

In value terms, the largest assembled parquet panels supplying countries in the CIS were Belarus ($X) and Russia ($X).

Among the main exporting countries, Belarus, with a CAGR of +46.9%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, surging by 23% against the previous year. Over the period under review, the export price, however, saw a slight descent. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+4.1%).

Assembled Parquet Panels Imports

Imports in CIS

In 2021, supplies from abroad of assembled parquet panels was finally on the rise to reach X tons for the first time since 2014, thus ending a six-year declining trend. Overall, imports, however, recorded a abrupt descent. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, assembled parquet panels imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a drastic downturn. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia was the major importing country with an import of around X tons, which reached 59% of total imports. Kazakhstan (X tons) held the second position in the ranking, distantly followed by Azerbaijan (X tons) and Belarus (X tons). All these countries together held approx. 32% share of total imports. Moldova (X tons) and Armenia (X tons) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to assembled parquet panels imports into Russia stood at -12.7%. At the same time, Armenia (+15.9%), Moldova (+11.6%), Azerbaijan (+9.1%) and Belarus (+5.0%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of +15.9% from 2012-2021. Kazakhstan experienced a relatively flat trend pattern. While the share of Kazakhstan (+10 p.p.), Azerbaijan (+6.7 p.p.), Belarus (+5.4 p.p.), Moldova (+3.5 p.p.) and Armenia (+2.3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-27.9 p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported assembled parquet panels in the CIS, comprising 58% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an 18% share of total imports. It was followed by Azerbaijan, with a 9.2% share.

In Russia, assembled parquet panels imports decreased by an average annual rate of -11.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+1.9% per year) and Azerbaijan (+6.9% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, with an increase of 11% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. 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 2021, major importing countries recorded the following prices: in Azerbaijan ($X per ton) and Kazakhstan ($X per ton), while Moldova ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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