China Remains the Largest Exporter of Prefabricated Buildings in the World, with $1.65B in 2014

Builders' Carpentry And Joinery July 13, 2015
Author: Olga Minchina
Account Manager

China continued its dominance in the global prefabricated building trade. In 2014, China exported 714 thousand tonnes of prefabricated buildings totaling 1,655 million USD, 1% under the previous year. Its primary trading partner was the Russian Federation, where it supplied 7.8% of its total prefabricated building exports.

Overall, the global prefabricated building trade reached 8.4 billion USD, with a CAGR of 1% from 2007 to 2014. In physical terms, it showed mixed dynamics, falling from 3.2 million tonnes in 2007 to 2.9 million tonnes in 2014.

In 2014, Canada (12.3%), Germany (10.0%), Norway (9.3%) and France (5.9%) were the leading destinations of prefabricated building imports, together making up 37.5% of global imports. The share of Canada increased significantly (+7 percentage points), while the shares of the U.S. and Mexico illustrated negative dynamics (-2 percentage points).

China and the U.S. were the main global suppliers of prefabricated buildings in 2014, with a combined share of 32.9% of global exports. However, the fastest growing exporter from 2007 to 2014 was the U.S. (+9.9% per year). Even with this U.S. growth, China was able to strengthen its position in the global export structure, from 14% in 2007 to 20% in 2014.

Source: World: Prefabricated Buildings - Market Report. Analysis and Forecast to 2020