Ukraine: Wooden Frame Market 2024

Wooden Frame Market Size in Ukraine

In 2022, the Ukrainian wooden frame market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a abrupt decrease. Wooden frame consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Wooden Frame Production in Ukraine

In value terms, wooden frame production dropped to $X in 2022 estimated in export price. Overall, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wooden Frame Exports

Exports from Ukraine

In 2022, after six years of growth, there was significant decline in overseas shipments of wooden frames for paintings, photographs, mirrors or similar objects, when their volume decreased by X% to X units. Overall, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021, and then plummeted in the following year.

In value terms, wooden frame exports shrank rapidly to $X in 2022. In general, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank markedly in the following year.

Exports by Country

Germany (X units) was the main destination for wooden frame exports from Ukraine, with a X% share of total exports. Moreover, wooden frame exports to Germany exceeded the volume sent to the second major destination, Lithuania (X units), fivefold. The third position in this ranking was held by Romania (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Romania (X% per year).

In value terms, Germany ($X) remains the key foreign market for wooden frames for paintings, photographs, mirrors or similar objects exports from Ukraine, comprising X% of total exports. The second position in the ranking was held by Lithuania ($X), with a X% share of total exports. It was followed by Romania, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Romania (X% per year).

Export Prices by Country

In 2022, the average wooden frame export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 the Netherlands ($X per unit), while the average price for exports to Latvia ($X per unit) was amongst the lowest.

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

Wooden Frame Imports

Imports into Ukraine

In 2022, supplies from abroad of wooden frames for paintings, photographs, mirrors or similar objects decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, wooden frame imports declined rapidly to $X in 2022. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest wooden frame supplier to Ukraine, accounting for a X% share of total imports. Moreover, wooden frame imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), eightfold. The third position in this ranking was held by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and France (X% per year).

In value terms, the largest wooden frame suppliers to Ukraine were China ($X), France ($X) and Poland ($X), with a combined X% share of total imports.

France, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average wooden frame import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Albania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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