Germany: Wooden Frame Market 2024

Wooden Frame Market Size in Germany

After two years of growth, the German wooden frame market decreased by -13.6% to $X in 2022. The market value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Wooden Frame Production in Germany

In value terms, wooden frame production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by 37% against the previous year. Wooden frame production peaked at $X in 2021, and then reduced modestly in the following year.

Wooden Frame Exports

Exports from Germany

Wooden frame exports from Germany contracted remarkably to X units in 2022, reducing by -19.9% on 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 19%. Over the period under review, the exports reached the peak figure at X units in 2021, and then plummeted in the following year.

In value terms, wooden frame exports dropped notably to $X in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by 35%. Over the period under review, the exports attained the maximum at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Austria (X units), France (X units) and Switzerland (X units) were the main destinations of wooden frame exports from Germany, together accounting for 52% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +8.5%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Switzerland ($X) and France ($X) appeared to be the largest markets for wooden frame exported from Germany worldwide, with a combined 50% share of total exports. Poland, the UK, Sweden, Spain, the Netherlands, Italy, Belgium, the Czech Republic, Denmark and Norway lagged somewhat behind, together accounting for a further 40%.

Poland, with a CAGR of +7.3%, saw the highest rates of growth with regard to 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 frame export price stood at $X per unit in 2022, waning by -2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2018 an increase of 14% against the previous year. The export price peaked at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Frame Imports

Imports into Germany

After two years of growth, supplies from abroad of wooden frames for paintings, photographs, mirrors or similar objects decreased by -14.5% to X units in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 20%. Over the period under review, imports hit record highs at X units in 2021, and then reduced in the following year.

In value terms, wooden frame imports reduced sharply to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 27%. Imports peaked at $X in 2021, and then declined markedly in the following year.

Imports by Country

China (X units), Poland (X units) and the Netherlands (X units) were the main suppliers of wooden frame imports to Germany, with a combined 85% share of total imports. Belgium, Denmark, Italy, France, the Czech Republic and Romania lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +28.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame suppliers to Germany were China ($X), Poland ($X) and the Netherlands ($X), with a combined 79% share of total imports. Belgium, the Czech Republic, Italy, France, Denmark and Romania lagged somewhat behind, together comprising a further 17%.

Among the main suppliers, France, with a CAGR of +29.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden frame import price stood at $X per unit in 2022, declining by -4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 13%. As a result, import price reached the peak level of $X per unit, and then reduced slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+40.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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