Global Fromwork Market 2024

Fromwork Market Size

In 2022, the global fromwork market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 -1.2% against 2019 indices. Global consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Fromwork Production

In value terms, fromwork production totaled $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. Over the period under review, global production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Fromwork Exports

Exports

In 2022, shipments abroad of shuttering for concrete constructional work, shingles and shakes, of wood increased by 8.8% to X tons, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2015 when exports increased by 15% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the global exports remained at a lower figure.

In value terms, fromwork exports skyrocketed to $X in 2022. Overall, total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 40%. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Austria (X tons) and Canada (X tons) represented roughly 46% of total exports in 2022. The Czech Republic (X tons) ranks next in terms of the total exports with an 8.9% share, followed by China (8.3%), Germany (8%) and Slovakia (5%). Israel (X tons), Spain (X tons), Poland (X tons) and Italy (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +62.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest fromwork supplying countries worldwide were Canada ($X), Austria ($X) and Germany ($X), together accounting for 62% of global exports. The Czech Republic, China, Slovakia, Israel, Spain, Italy and Poland lagged somewhat behind, together accounting for a further 23%.

Israel, with a CAGR of +64.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fromwork export price amounted to $X per ton, growing by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2021 an increase of 34% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.1%), while the other global leaders experienced more modest paces of growth.

Fromwork Imports

Imports

In 2022, supplies from abroad of shuttering for concrete constructional work, shingles and shakes, of wood increased by 14% to X tons, rising for the second consecutive year after three years of decline. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 23%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of global imports failed to regain momentum.

In value terms, fromwork imports soared to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +59.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), Italy (X tons), Macao SAR (X tons), Austria (X tons), Poland (X tons), the United States (X tons), Palestine (X tons), Switzerland (X tons), Canada (X tons), Malaysia (X tons), Portugal (X tons) and Turkey (X tons) represented roughly 51% of total imports in 2022. France (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Macao SAR (with a CAGR of +44.9%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported shuttering for concrete constructional work, shingles and shakes, of wood worldwide, comprising 37% of global imports. The second position in the ranking was taken by Canada ($X), with a 5.3% share of global imports. It was followed by Germany, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +6.3%. In the other countries, the average annual rates were as follows: Canada (+13.3% per year) and Germany (+4.0% per year).

Import Prices by Country

In 2022, the average fromwork import price amounted to $X per ton, increasing by 6.4% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fromwork import price increased by +73.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 28% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform