Luxembourg: Wood-Based Panels Market 2025

Wood-Based Panels Market Size in Luxembourg

The Luxembourg wood-based panels market soared to $X in 2022, jumping by X% against the previous year. In general, consumption, however, continues to indicate a deep setback. Wood-based panels consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Wood-Based Panels Production in Luxembourg

In value terms, wood-based panels production rose to $X in 2022 estimated in export price. Over the period under review, production showed a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of X%. Wood-based panels production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Wood-Based Panels Exports

Exports from Luxembourg

In 2022, after three years of growth, there was significant decline in shipments abroad of wood-based panels, when their volume decreased by X% to X cubic meters. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters, and then dropped sharply in the following year.

In value terms, wood-based panels exports contracted rapidly to $X in 2022. In general, exports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

Germany (X cubic meters), France (X cubic meters) and Belgium (X cubic meters) were the main destinations of wood-based panels exports from Luxembourg, with a combined X% share of total exports. The Netherlands, the UK, Italy and Austria lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for wood-based panels exported from Luxembourg were France ($X), Germany ($X) and Belgium ($X), together accounting for X% of total exports. The Netherlands, the UK, Italy and Austria lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, recorded 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 wood-based panels export price stood at $X per cubic meter in 2022, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($X per cubic meter) and France ($X per cubic meter), while the average price for exports to Germany ($X per cubic meter) and Italy ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced a decline.

Wood-Based Panels Imports

Imports into Luxembourg

In 2022, wood-based panels imports into Luxembourg amounted to X cubic meters, rising by X% on 2021 figures. In general, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wood-based panels imports reduced to $X in 2022. Overall, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Germany (X cubic meters) constituted the largest supplier of wood-based panels to Luxembourg, accounting for a X% share of total imports. Moreover, wood-based panels imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X cubic meters), twofold. France (X cubic meters) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).

In value terms, the largest wood-based panels suppliers to Luxembourg were Germany ($X), Belgium ($X) and France ($X), together comprising X% of total imports. Poland, Lithuania, the Czech Republic and Russia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Lithuania, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average wood-based panels import price amounted to $X per cubic meter, which is down by X% against the previous year. In general, the import price saw a noticeable slump. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Russia ($X per cubic meter), while the price for France ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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