Eastern Europe: Wooden Window Market 2022

Wooden Window Market Size in Eastern Europe

The East European wooden window market was finally on the rise to reach $X in 2021, after two years of decline. The total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wooden Window Production in Eastern Europe

In value terms, wooden window production shrank to $X in 2021 estimated in export price. The total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +62.8% against 2015 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 37%. Over the period under review, production attained the peak level at $X in 2020, and then reduced in the following year.

Wooden Window Exports

Exports in Eastern Europe

In 2021, approx. X tons of windows, french windows and their frames of wood were exported in Eastern Europe; surging by 8.7% against the previous year. Overall, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2013 when exports increased by 37% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, wooden window exports surged to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +51.4% against 2015 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 32% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

Exports by Country

In 2021, Hungary (X tons), distantly followed by Slovakia (X tons), Belarus (X tons), Poland (X tons) and the Czech Republic (X tons) represented the main exporters of windows, french windows and their frames of wood, together creating 92% of total exports. Romania (X tons) and Ukraine (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Slovakia (with a CAGR of +29.4%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest wooden window supplier in Eastern Europe, comprising 57% of total exports. The second position in the ranking was taken by Hungary ($X), with an 11% share of total exports. It was followed by Slovakia, with a 6.1% share.

In Poland, wooden window exports expanded at an average annual rate of +7.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hungary (+3.8% per year) and Slovakia (+20.7% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, picking up by 10% against the previous year. In general, the export price recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when the export price increased by 216% against the previous year. Over the period under review, the export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Poland ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+46.6%), while the other leaders experienced more modest paces of growth.

Wooden Window Imports

Imports in Eastern Europe

Wooden window imports expanded notably to X tons in 2021, with an increase of 8.2% on the year before. In general, imports, however, continue to indicate a mild contraction. The pace of growth was the most pronounced in 2013 with an increase of 35% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, wooden window imports surged to $X in 2021. Overall, imports continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2013 with an increase of 53% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The purchases of the four major importers of windows, french windows and their frames of wood, namely Hungary, Russia, the Czech Republic and Romania, represented more than two-thirds of total import. It was distantly followed by Slovakia (X tons), committing a 7.3% share of total imports. The following importers - Ukraine (X tons) and Belarus (X tons) - together made up 5% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of +12.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden window importing markets in Eastern Europe were Hungary ($X), Russia ($X) and the Czech Republic ($X), with a combined 47% share of total imports.

In terms of the main importing countries, Hungary, with a CAGR of +10.6%, 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 more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, surging by 17% against the previous year. Import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden window import price increased by +79.6% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 52%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+1.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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