EU: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2024

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in the EU

In 2022, the EU market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by 14% to $X, rising for the sixth year in a row after four years of decline. The market value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in the EU

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the production volume increased by 18% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports in the EU

After two years of growth, overseas shipments of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by -80.4% to X tons in 2022. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 14%. The volume of export peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) contracted rapidly to $X in 2022. Over the period under review, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $X, and then dropped sharply in the following year.

Exports by Country

Estonia (X tons) and Germany (X tons) represented roughly 35% of total exports in 2022. The Czech Republic (X tons) held a 9.7% share (based on physical terms) of total exports, which put it in second place, followed by Austria (7.5%), Italy (4.9%), Slovakia (4.8%) and Portugal (4.5%). Sweden (X tons), Slovenia (X tons), France (X tons), Romania (X tons), Latvia (X tons) and Lithuania (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +6.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Estonia ($X) and the Czech Republic ($X) were the countries with the highest levels of exports in 2022, together accounting for 42% of total exports. Austria, Italy, Portugal, Sweden, Slovakia, France, Lithuania, Romania, Slovenia and Latvia lagged somewhat behind, together accounting for a further 43%.

In terms of the main exporting countries, Portugal, with a CAGR of +9.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, growing by 35% against the previous year. Export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by +78.2% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+7.7%), while the other leaders experienced more modest paces of growth.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports in the EU

After three years of growth, overseas purchases of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by -69% to X tons in 2022. In general, imports saw a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. The volume of import peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) declined sharply to $X in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $X, and then reduced notably in the following year.

Imports by Country

France (X tons), Italy (X tons) and Germany (X tons) represented roughly 52% of total imports in 2022. It was distantly followed by the Netherlands (X tons) and Spain (X tons), together making up a 12% share of total imports. Austria (X tons), Belgium (X tons), Denmark (X tons), Lithuania (X tons), the Czech Republic (X tons), Portugal (X tons), Ireland (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +11.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) importing markets in the European Union were France ($X), Italy ($X) and Germany ($X), together comprising 51% of total imports. The Netherlands, Spain, Austria, Belgium, Lithuania, Denmark, the Czech Republic, Ireland, Portugal and Greece lagged somewhat behind, together comprising a further 37%.

Greece, with a CAGR of +12.3%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, rising by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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