Global Wooden Frame Market Overview
In value terms, wooden frame production amounted to $ in 2018 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by % y-o-y. Over the period under review, global production attained the peak level in 2018 and is likely to see steady growth in years to come.
China ( units) constituted the country with the largest volume of wooden frame production, accounting for % of total volume. Moreover, wooden frame production in China exceeded the figures recorded by the second-largest producer, India ( units), threefold. The third position in this ranking was occupied by Brazil ( units), with a % share.
In China, wooden frame production remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: India (+% per year) and Brazil (+% per year).
The global wooden frame market value rose remarkably to $ in 2018, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the global market reached the maximum level at $ in 2008; however, from 2009 to 2018, consumption failed to regain the momentum.
In China, wooden frame consumption increased at an average annual rate of +% over the period from 2007-2018. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+% per year) and the U.S. (+% per year).
In value terms, China ($) led the market, alone. The second position in the ranking was occupied by the U.S. ($). It was followed by India.
From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +%. In the other countries, the average annual rates were as follows: the U.S. (+% per year) and India (+% per year).
The countries with the highest levels of wooden frame per capita consumption in 2018 were the U.S. ( units per persons), the UK ( units per persons) and Italy ( units per persons).
From 2007 to 2018, the most notable rate of growth in terms of wooden frame per capita consumption, amongst the key consuming countries, was attained by China, while wooden frame per capita consumption for the other global leaders experienced more modest paces of growth.