Germany: Market for Builders' Joinery And Carpentry Of Wood 2024

Market Size for Builders' Joinery And Carpentry Of Wood in Germany

After five years of growth, the German wooden joinery and carpentry market decreased by -27.2% to $X in 2021. Overall, consumption showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 6.7%. Over the period under review, the market attained the peak level at $X in 2020, and then declined markedly in the following year.

Production of Builders' Joinery And Carpentry Of Wood in Germany

In value terms, wooden joinery and carpentry production dropped notably to $X in 2021 estimated in export price. In general, production, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 7.3%. Over the period under review, production hit record highs at $X in 2020, and then shrank remarkably in the following year.

Exports of Builders' Joinery And Carpentry Of Wood

Exports from Germany

In 2021, approx. X tons of builders' joinery and carpentry of wood were exported from Germany; with an increase of 9.1% compared with 2020. The total export volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, wooden joinery and carpentry exports surged to $X in 2021. The total export value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Switzerland (X tons), France (X tons) and Austria (X tons) were the main destinations of wooden joinery and carpentry exports from Germany, together accounting for 47% of total exports. Denmark, Belgium, the UK, the Netherlands, Luxembourg, Poland, Italy, Japan, Spain and the Czech Republic lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +16.4%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Denmark ($X) and Austria ($X) appeared to be the largest markets for wooden joinery and carpentry exported from Germany worldwide, with a combined 48% share of total exports.

Denmark, with a CAGR of +27.8%, saw the highest growth rate of 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

The average wooden joinery and carpentry export price stood at $X per ton in 2021, with an increase of 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Japan ($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 Italy (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Builders' Joinery And Carpentry Of Wood

Imports into Germany

In 2021, approx. X tons of builders' joinery and carpentry of wood were imported into Germany; growing by 3.4% against the previous year's figure. The total import volume increased at an average annual rate of +4.1% 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 2014 with an increase of 11%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, wooden joinery and carpentry imports surged to $X in 2021. Overall, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +60.9% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X tons), Poland (X tons) and China (X tons) were the main suppliers of wooden joinery and carpentry imports to Germany, together accounting for 61% of total imports. These countries were followed by Denmark, Belgium, Lithuania, the Netherlands, the Czech Republic, Slovakia, Latvia, Switzerland, Italy and Sweden, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +28.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Poland ($X) and Denmark ($X) appeared to be the largest wooden joinery and carpentry suppliers to Germany, together accounting for 57% of total imports. These countries were followed by China, Lithuania, Belgium, Switzerland, the Netherlands, the Czech Republic, Slovakia, Latvia, Italy and Sweden, which together accounted for a further 32%.

Belgium, with a CAGR of +34.6%, saw the highest rates of growth with regard to 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 wooden joinery and carpentry import price stood at $X per ton in 2021, picking up by 16% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2013 an increase of 19%. The import price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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