India: Wooden Frame Market 2025

Wooden Frame Market Size in India

The Indian wooden frame market rose modestly to $X in 2022, surging by 2.3% against the previous year. The market value increased at an average annual rate of +3.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Wooden frame consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wooden Frame Production in India

In value terms, wooden frame production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by 12%. Wooden frame production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Wooden Frame Exports

Exports from India

In 2022, exports of wooden frames for paintings, photographs, mirrors or similar objects from India fell sharply to X units, which is down by -27.3% on 2021. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 29% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, wooden frame exports plummeted to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 44% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for wooden frame exports from India, accounting for a 56% share of total exports. Moreover, wooden frame exports to the United States exceeded the volume sent to the second major destination, France (X units), sixfold. The Netherlands (X units) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.4% per year) and the Netherlands (+3.7% per year).

In value terms, the United States ($X) remains the key foreign market for wooden frames for paintings, photographs, mirrors or similar objects exports from India, comprising 56% of total exports. The second position in the ranking was taken by France ($X), with a 7.6% share of total exports. It was followed by the UK, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.8% per year) and the UK (-0.1% per year).

Export Prices by Country

In 2022, the average wooden frame export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the maximum 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 Spain ($X per unit), while the average price for exports to the Netherlands ($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 the UK (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Frame Imports

Imports into India

In 2022, purchases abroad of wooden frames for paintings, photographs, mirrors or similar objects increased by 49% to X units, rising for the second year in a row after two years of decline. In general, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of 167%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wooden frame imports surged to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 135%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Malaysia (X units) and Indonesia (X units) were the main suppliers of wooden frame imports to India, with a combined 96% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +21.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wooden frame suppliers to India were China ($X), Malaysia ($X) and Indonesia ($X), together accounting for 85% of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of +23.1%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average wooden frame import price amounted to $X per unit, growing by 21% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame import price increased by +40.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 34% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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