Scandinavia: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2024

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

In 2023, the Scandinavia market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption recorded a mild shrinkage. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market failed to regain momentum.

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

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) reduced to $X in 2023 estimated in export price. Overall, production saw a pronounced downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production of growth remained at a somewhat lower figure.

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

Exports in Scandinavia

In 2023, overseas shipments of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a deep slump. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2021; however, from 2022 to 2023, 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) shrank rapidly to $X in 2023. In general, exports faced a deep setback. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

In 2023, Sweden (X tons) represented the key exporter of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels), constituting X% of total exports. It was distantly followed by Finland (X tons) and Norway (X tons), together mixing up a X% share of total exports.

Sweden was also the fastest-growing in terms of the builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) exports, with a CAGR of X% from 2012 to 2023. Norway (X%) and Finland (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) and Norway (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Finland (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

In Sweden, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) declined by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, declining by X% against the previous year. In general, the export price, however, posted a measured expansion. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Scandinavia

In 2023, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in Scandinavia contracted markedly to X tons, falling by X% compared with 2022. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) fell to $X in 2023. Over the period under review, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2023, Norway (X tons) was the key importer of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels), constituting X% of total imports. It was distantly followed by Finland (X tons) and Sweden (X tons), together achieving a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

Among the main importing countries, Sweden, with a CAGR of X%, 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 a decline in the imports figures.

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per ton, growing by X% against the previous year. Import price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by X% against 2019 indices. The growth pace was the most rapid in 2022 when the import price increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, 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 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform