EU: Wood-Based Panels Market 2022

Wood-Based Panels Market Size in the EU

The EU wood-based panels market rose sharply to $X in 2021, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Wood-Based Panels Production in the EU

In value terms, wood-based panels production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Wood-Based Panels Exports

Exports in the EU

In 2021, overseas shipments of wood-based panels increased by X% to X cubic meters, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood-based panels exports surged to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X cubic meters), followed by Austria (X cubic meters), Poland (X cubic meters), Belgium (X cubic meters), the Netherlands (X cubic meters), France (X cubic meters), Spain (X cubic meters) and Romania (X cubic meters) represented the largest exporters of wood-based panels, together making up X% of total exports. Italy (X cubic meters), the Czech Republic (X cubic meters), Latvia (X cubic meters), Finland (X cubic meters) and Luxembourg (X cubic meters) took a minor share of total exports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wood-based panels supplying countries in the European Union were Germany ($X), Austria ($X) and Poland ($X), together accounting for X% of total exports. Belgium, Spain, Italy, France, Romania, the Czech Republic, Finland, Latvia, the Netherlands and Luxembourg lagged somewhat behind, together accounting for a further X terms of the main exporting countries, the Netherlands, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per cubic meter in 2021, growing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably countryorigin: the country with the highest price was Finland ($X per cubic meter), while the Netherlands ($X per cubic meter) was amongst the lowest.

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

Wood-Based Panels Imports

Imports in the EU

In 2021, the amount of wood-based panels imported in the European Union surged to X cubic meters, rising by X% compared with the year before. Total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, wood-based panels imports soared to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the six major importers of wood-based panels, namely Germany, the Netherlands, Poland, Belgium, Italy and France, represented more than half of total import. The following importers - Austria (X cubic meters), Denmark (X cubic meters), Sweden (X cubic meters), Spain (X cubic meters), Lithuania (X cubic meters), the Czech Republic (X cubic meters) and Portugal (X cubic meters) - together made up X% of total imports.

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

In value terms, the largest wood-based panels importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined X% share of total imports. Poland, Italy, Austria, Belgium, Spain, Sweden, Denmark, the Czech Republic, Lithuania and Portugal lagged somewhat behind, together accounting for a further X the main importing countries, Poland, with a CAGR of +X%, saw the highest growth rate of 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 the European Union stood at $X per cubic meter in 2021, picking up by X% against the previous year. Over the period under review, the import price, however, showed a slight decline. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Austria ($X per cubic meter), while Denmark ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (-X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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