Overview of the Global Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

The global market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) expanded slightly to $X in 2022, rising by 1.8% against the previous year. Overall, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.0% against 2020 indices. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X in 2022 estimated in export price. In general, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +57.9% against 2016 indices. The growth pace was the most rapid in 2017 when the production volume increased by 21% against the previous year. Global production peaked in 2022 and is likely to continue growth in years to come.

Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports

In 2022, after two years of growth, there was significant decline in shipments abroad of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels), when their volume decreased by -61.9% to X tons. Overall, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2013 when exports increased by 14% against the previous year. The global exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) dropped remarkably to $X in 2022. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

The biggest shipments were from Canada (X tons), Russia (X tons), China (X tons), Vietnam (X tons), the United States (X tons), Estonia (X tons), Germany (X tons), Indonesia (X tons), Brazil (X tons), the Czech Republic (X tons), the Philippines (X tons) and Ukraine (X tons), together reaching 73% of total export. Austria (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +15.8%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) supplying countries worldwide were Canada ($X), China ($X) and Vietnam ($X), together comprising 31% of global exports.

Among the main exporting countries, Vietnam, with a CAGR of +14.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X per ton in 2022, picking up by 17% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by +45.7% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 25% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.7%), while the other global leaders experienced more modest paces of growth.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports

In 2022, global imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) contracted remarkably to X tons, waning by -55.1% compared with the previous year's figure. Overall, imports continue to indicate a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of X tons, and then declined significantly in the following year.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) fell remarkably to $X in 2022. Over the period under review, imports saw a slight setback. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $X, and then reduced rapidly in the following year.

Imports by Country

Japan (X tons) and the United States (X tons) represented the major importers of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in 2022, resulting at near 22% and 21% of total imports, respectively. It was distantly followed by France (X tons), creating a 5.8% share of total imports. The following importers - Italy (X tons), Germany (X tons), Switzerland (X tons), the UK (X tons), Canada (X tons), Australia (X tons), the Netherlands (X tons) and South Korea (X tons) - together made up 22% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +18.9%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) importing markets worldwide were the United States ($X), Japan ($X) and France ($X), with a combined 52% share of global imports. The UK, Switzerland, Italy, Germany, Canada, Australia, the Netherlands and South Korea lagged somewhat behind, together comprising a further 23%.

In terms of the main importing countries, South Korea, with a CAGR of +16.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X per ton, growing by 26% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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