Scandinavia: Wooden Door Market 2024

Wooden Door Market Size in Scandinavia

In 2021, the Scandinavia wooden door market decreased by -23% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption saw a noticeable curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Wooden Door Production in Scandinavia

In value terms, wooden door production reached $X in 2021 estimated in export price. Overall, production continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017 with an increase of 5.9%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Wooden Door Exports

Exports in Scandinavia

In 2021, wooden door exports in Scandinavia shrank to X units, reducing by -1.9% against 2020. Over the period under review, exports recorded a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 5.8%. The volume of export peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, wooden door exports rose significantly to $X in 2021. Overall, exports saw a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden represented the largest exporting country with an export of around X units, which resulted at 52% of total exports. It was distantly followed by Denmark (X units), Finland (X units) and Norway (X units), together creating a 48% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to wooden door exports from Sweden stood at -2.1%. At the same time, Finland (+3.3%) and Norway (+2.2%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +3.3% from 2012-2021. By contrast, Denmark (-4.7%) illustrated a downward trend over the same period. Finland (+6.5 p.p.) and Norway (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Denmark saw its share reduced by -7.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X), Denmark ($X) and Finland ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 94% of total exports.

Among the main exporting countries, Denmark, with a CAGR of +1.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, surging by 11% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 when the export price increased by 12%. The level of export peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+6.8%), while the other leaders experienced mixed trends in the export price figures.

Wooden Door Imports

Imports in Scandinavia

In 2021, supplies from abroad of doors and their frames and thresholds of wood increased by 11% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, showed a slight setback. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, wooden door imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X units) and Norway (X units) represented roughly 69% of total imports in 2021. It was distantly followed by Denmark (X units), Finland (X units) and Iceland (X units), together mixing up a 31% share 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 Iceland (with a CAGR of +24.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden door importing markets in Scandinavia were Norway ($X), Sweden ($X) and Denmark ($X), together comprising 87% of total imports. Finland and Iceland lagged somewhat behind, together accounting for a further 13%.

Iceland, with a CAGR of +20.9%, recorded the highest growth rate of the value of imports, among the main importing countries 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 Scandinavia stood at $X per unit in 2021, with an increase of 1.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2013 an increase of 14%. The level of import peaked in 2021 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Norway ($X per unit) and Sweden ($X per unit), while Denmark ($X per unit) and Iceland ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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