Scandinavia: Market for Builders' Joinery And Carpentry Of Wood 2025

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

The Scandinavia wooden joinery and carpentry market fell to $X in 2021, declining by -5% against the previous year. Overall, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by 5.7%. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Builders' Joinery And Carpentry Of Wood in Scandinavia

In value terms, wooden joinery and carpentry production reduced modestly to $X in 2021 estimated in export price. Overall, production recorded a mild decline. The pace of growth appeared the most rapid in 2017 with an increase of 5.3%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Builders' Joinery And Carpentry Of Wood

Exports in Scandinavia

In 2021, overseas shipments of builders' joinery and carpentry of wood increased by 5.6% to X tons, rising for the second year in a row after two years of decline. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 20%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, wooden joinery and carpentry exports skyrocketed to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Finland represented the key exporter of builders' joinery and carpentry of wood in Scandinavia, with the volume of exports reaching X tons, which was near 52% of total exports in 2021. It was distantly followed by Sweden (X tons) and Denmark (X tons), together making up a 46% share of total exports. Norway (X tons) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Finland (with a CAGR of +4.6%), while the other leaders experienced a decline in the exports figures.

In value terms, Sweden ($X), Finland ($X) and Denmark ($X) were the countries with the highest levels of exports in 2021, together comprising 97% of total exports.

Finland, with a CAGR of +4.0%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, with an increase of 19% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+2.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Builders' Joinery And Carpentry Of Wood

Imports in Scandinavia

In 2021, after two years of decline, there was significant growth in overseas purchases of builders' joinery and carpentry of wood, when their volume increased by 5.4% to X tons. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 9.3% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wooden joinery and carpentry imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of builders' joinery and carpentry of wood, namely Norway, Denmark and Sweden, represented more than two-thirds of total import. It was distantly followed by Finland (X tons), mixing up an 11% share of total imports. Iceland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iceland (with a CAGR of +25.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Sweden ($X) and Denmark ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 90% share of total imports. These countries were followed by Finland and Iceland, which together accounted for a further 10%.

Iceland, with a CAGR of +21.3%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, increasing by 8.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 9.3%. The level of import peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+1.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform