Romania: 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 Romania

In 2022, the Romanian market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) fell notably to $X in 2022 estimated in export price. In general, production recorded a deep setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Production of peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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

Exports from Romania

In 2022, 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 consecutive year after two years of growth. In general, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) declined rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Germany (X tons), Italy (X tons) and Switzerland (X tons) were the main destinations of exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Romania, together comprising X% of total exports. The United States, Belgium, the UK, Canada, Austria, Japan, Israel, Slovakia, Hungary and France lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) exported from Romania were Germany ($X), Italy ($X) and Switzerland ($X), together accounting for X% of total exports. Belgium, the UK, the United States, Austria, Canada, Japan, Slovakia, Hungary, Israel and France lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Japan, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average export price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X per ton, picking up by X% against the previous year. In general, the export price posted prominent growth. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Romania

Imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) into Romania fell notably to X tons in 2022, with a decrease of X% compared with the previous year. In general, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) contracted remarkably to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell remarkably in the following year.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest supplier of wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) to Romania, accounting for a X% share of total imports. Moreover, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Ukraine exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Germany (X% per year).

In value terms, Ukraine ($X), Germany ($X) and Poland ($X) were the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) suppliers to Romania, with a combined X% share of total imports. Hungary, Serbia, Turkey, Italy, Slovakia and Austria lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Serbia, 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 average import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X per ton in 2022, growing by X% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by X% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform