Wooden Frame Market Overview in the United Kingdom
In value terms, wooden frame production contracted to $ in 2019 estimated in export prices. Over the period under review, production, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2011 with an increase of % y-o-y. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The value of the wooden frame market in the UK rose remarkably to $ in 2019, surging 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, recorded a pronounced shrinkage. The growth pace was the most rapid in 2014 when the market value increased by % year-to-year. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to 2019, consumption remained at a lower figure.