Italy: Market for Builders' Joinery And Carpentry Of Wood 2024

Market Size for Builders' Joinery And Carpentry Of Wood in Italy

The Italian wooden joinery and carpentry market rose markedly to $X in 2023, increasing by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Wooden joinery and carpentry consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Builders' Joinery And Carpentry Of Wood in Italy

In value terms, wooden joinery and carpentry production expanded slightly to $X in 2023 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Builders' Joinery And Carpentry Of Wood

Exports from Italy

In 2023, approx. X tons of builders' joinery and carpentry of wood were exported from Italy; dropping by X% on 2022 figures. In general, exports showed a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, wooden joinery and carpentry exports dropped slightly to $X in 2023. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons), Switzerland (X tons) and France (X tons) were the main destinations of wooden joinery and carpentry exports from Italy, together accounting for X% of total exports. Germany, the United States, Israel, Croatia, the UK, Spain, South Korea, Romania, Greece and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for South Korea (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 joinery and carpentry exported from Italy were France ($X), Switzerland ($X) and the United States ($X), together comprising X% of total exports. Germany, Austria, Israel, the UK, South Korea, Croatia, the United Arab Emirates, Romania, Spain and Greece lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden joinery and carpentry export price stood at $X per ton in 2023, jumping by X% against the previous year. In general, export price indicated a temperate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, wooden joinery and carpentry export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Builders' Joinery And Carpentry Of Wood

Imports into Italy

Wooden joinery and carpentry imports into Italy was estimated at X tons in 2023, rising by X% compared with 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, wooden joinery and carpentry imports fell slightly to $X in 2023. Overall, total imports indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2022, and then declined slightly in the following year.

Imports by Country

In 2023, Austria (X tons) constituted the largest supplier of wooden joinery and carpentry to Italy, with a X% share of total imports. Moreover, wooden joinery and carpentry imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Austria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

In value terms, Austria ($X) constituted the largest supplier of builders' joinery and carpentry of wood to Italy, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Austria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

Import Prices by Country

The average wooden joinery and carpentry import price stood at $X per ton in 2023, shrinking by X% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, wooden joinery and carpentry import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2022, and then shrank in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform