Germany: Fromwork Market 2024

Fromwork Market Size in Germany

The German fromwork market dropped dramatically to $X in 2022, with a decrease of -20.5% against the previous year. Overall, consumption recorded a abrupt decline. Fromwork consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Fromwork Production in Germany

In value terms, fromwork production declined to $X in 2022 estimated in export price. Overall, production saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 21%. Fromwork production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Fromwork Exports

Exports from Germany

In 2022, shipments abroad of shuttering for concrete constructional work, shingles and shakes, of wood increased by 9.3% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 20%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, fromwork exports soared to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 41%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Austria (X tons) and Turkey (X tons) were the main destinations of fromwork exports from Germany, together accounting for 22% of total exports. Poland, Israel, the United Arab Emirates, Switzerland, France, the Czech Republic, Saudi Arabia, Canada, Nigeria and Chile lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +28.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Czech Republic ($X) and Austria ($X) were the largest markets for fromwork exported from Germany worldwide, with a combined 27% share of total exports. Switzerland, Turkey, Poland, Israel, Canada, Saudi Arabia, France, the United Arab Emirates, Chile and Nigeria lagged somewhat behind, together comprising a further 39%.

In terms of the main countries of destination, Canada, with a CAGR of +30.4%, 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 average fromwork export price amounted to $X per ton, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2021 an increase of 34%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fromwork Imports

Imports into Germany

In 2022, fromwork imports into Germany plummeted to X tons, declining by -18.5% on the year before. Overall, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 19%. Imports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, fromwork imports reduced dramatically to $X in 2022. In general, imports, however, continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports attained the peak of $X, and then reduced notably in the following year.

Imports by Country

In 2022, Austria (X tons) constituted the largest fromwork supplier to Germany, accounting for a 39% share of total imports. Moreover, fromwork imports from Austria exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Austria stood at +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+2.1% per year) and Poland (+16.2% per year).

In value terms, Austria ($X) constituted the largest supplier of shuttering for concrete constructional work, shingles and shakes, of wood to Germany, comprising 40% of total imports. The second position in the ranking was held by Slovakia ($X), with a 15% share of total imports. It was followed by Poland, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Austria totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+5.7% per year) and Poland (+13.9% per year).

Import Prices by Country

In 2022, the average fromwork import price amounted to $X per ton, with an increase of 4.1% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform