Eastern Europe: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in Eastern Europe

The East European assembled parquet panels market expanded to $X in 2021, rising by 3.9% against the previous year. Overall, consumption recorded a mild reduction. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Assembled Parquet Panels Production in Eastern Europe

In value terms, assembled parquet panels production shrank remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by 14% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Assembled Parquet Panels Exports

Exports in Eastern Europe

Assembled parquet panels exports skyrocketed to X tons in 2021, jumping by 24% against the previous year's figure. In general, exports showed a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 44%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, assembled parquet panels exports surged to $X in 2021. Over the period under review, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

In 2021, Poland (X tons), Ukraine (X tons) and Lithuania (X tons) was the largest exporter of assembled parquet panels in Eastern Europe, making up 84% of total export. The following exporters - Romania (X tons), Hungary (X tons), Belarus (X tons) and Russia (X tons) - together made up 13% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of +41.2%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Ukraine ($X) and Lithuania ($X) were the countries with the highest levels of exports in 2021, with a combined 81% share of total exports. Hungary, Belarus, Romania and Russia lagged somewhat behind, together comprising a further 14%.

Belarus, with a CAGR of +46.9%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, surging by 7.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+4.6%), while the other leaders experienced more modest paces of growth.

Assembled Parquet Panels Imports

Imports in Eastern Europe

After two years of decline, supplies from abroad of assembled parquet panels increased by 13% to X tons in 2021. Total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -26.2% against 2018 indices. The growth pace was the most rapid in 2017 when imports increased by 36% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, assembled parquet panels imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 32% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Poland represented the key importing country with an import of about X tons, which resulted at 39% of total imports. It was distantly followed by Russia (X tons), Lithuania (X tons), Romania (X tons), Estonia (X tons), the Czech Republic (X tons) and Ukraine (X tons), together mixing up a 49% share of total imports.

Poland was also the fastest-growing in terms of the assembled parquet panels imports, with a CAGR of +13.1% from 2012 to 2021. At the same time, Romania (+11.7%), Estonia (+9.5%), Lithuania (+9.0%) and the Czech Republic (+1.8%) displayed positive paces of growth. By contrast, Ukraine (-5.2%) and Russia (-12.7%) illustrated a downward trend over the same period. Poland (+25 p.p.), Romania (+5 p.p.), Lithuania (+4.5 p.p.) and Estonia (+3.4 p.p.) significantly strengthened its position in terms of the total imports, while Ukraine and Russia saw its share reduced by -3.8% and -37.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported assembled parquet panels in Eastern Europe, comprising 31% of total imports. The second position in the ranking was taken by Russia ($X), with a 16% share of total imports. It was followed by the Czech Republic, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in Poland amounted to +13.2%. In the other countries, the average annual rates were as follows: Russia (-11.8% per year) and the Czech Republic (+4.7% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, increasing by 12% against the previous year. Overall, 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.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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