Wooden Door Market

The article discusses the projected growth of the global market for wooden doors, frames, and thresholds over the period from 2022 to 2030. It covers consumption trends, market performance, key countries, production volumes, imports, exports, and average prices. Key findings include increasing demand for wooden doors worldwide, with China leading in consumption volume and value. It also highlights the growth in wooden door production and fluctuating import and export prices amongst major countries in the market.

Market Forecast

Driven by increasing demand for doors and their frames and thresholds of wood worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.4% for the period from 2022 to 2030, which is projected to bring the market volume to 896M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.5% for the period from 2022 to 2030, which is projected to bring the market value to $42.8B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Doors And Their Frames And Thresholds Of Wood

In 2022, the amount of doors and their frames and thresholds of wood consumed worldwide totaled 805M units, increasing by 3.1% on 2021 figures. The total consumption volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the consumption volume increased by 8.8% against the previous year. Global consumption peaked in 2022 and is expected to retain growth in the near future.

The global wooden door market revenue contracted slightly to $32.6B in 2022, with a decrease of -3.3% 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). The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $33.7B, and then contracted modestly in the following year.

Consumption By Country

China (185M units) remains the largest wooden door consuming country worldwide, accounting for 23% of total volume. Moreover, wooden door consumption in China exceeded the figures recorded by the second-largest consumer, India (73M units), threefold. Hungary (36M units) ranked third in terms of total consumption with a 4.5% share.

In China, wooden door consumption increased at an average annual rate of +1.8% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+2.3% per year) and Hungary (+59.3% per year).

In value terms, China ($5.6B), India ($2.8B) and the UK ($1.8B) appeared to be the countries with the highest levels of market value in 2022, together comprising 31% of the global market. Pakistan, Indonesia, Hungary, the United States, Spain, the Philippines, Vietnam, Russia, Mexico and Brazil lagged somewhat behind, together comprising a further 28%.

In terms of the main consuming countries, Hungary, with a CAGR of +59.0%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of wooden door per capita consumption was registered in Hungary (3,708 units per 1000 persons), followed by Spain (613 units per 1000 persons), the UK (286 units per 1000 persons) and Russia (209 units per 1000 persons), while the world average per capita consumption of wooden door was estimated at 102 units per 1000 persons.

From 2012 to 2022, the average annual rate of growth in terms of the wooden door per capita consumption in Hungary totaled +59.4%. In the other countries, the average annual rates were as follows: Spain (+8.0% per year) and the UK (+0.5% per year).

Production

World Production of Doors And Their Frames And Thresholds Of Wood

Global wooden door production amounted to 965M units in 2022, with an increase of 8.7% on the previous year. The total output volume increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, production reached the peak volume and is likely to continue growth in the immediate term.

In value terms, wooden door production shrank to $38.8B in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 19% against the previous year. As a result, production attained the peak level of $42.7B. From 2017 to 2022, global production growth remained at a lower figure.

Production By Country

The country with the largest volume of wooden door production was China (209M units), comprising approx. 22% of total volume. Moreover, wooden door production in China exceeded the figures recorded by the second-largest producer, Mexico (89M units), twofold. The United States (82M units) ranked third in terms of total production with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume in China amounted to +1.7%. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+14.8% per year) and the United States (-3.9% per year).

Imports

World Imports of Doors And Their Frames And Thresholds Of Wood

In 2022, purchases abroad of doors and their frames and thresholds of wood increased by 75% to 169M units, rising for the second year in a row after two years of decline. Overall, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden door imports totaled $4.4B in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.1% against 2018 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Global imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports By Country

Hungary was the largest importing country with an import of about 66M units, which finished at 39% of total imports. The United States (19M units) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by the UK (5.6%). The following importers - Uzbekistan (3.8M units), Mexico (3.5M units), the Philippines (3.4M units), Moldova (3.1M units), Japan (3.1M units), Kazakhstan (3M units), Canada (3M units), Sweden (2.7M units), France (2.6M units) and Romania (2.6M units) - each recorded an 18% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wooden door imports into Hungary stood at +67.9%. At the same time, Uzbekistan (+125.0%), the Philippines (+32.2%), Moldova (+25.8%), Mexico (+16.8%), the United States (+10.6%), Sweden (+8.0%), Romania (+3.6%), the UK (+3.3%), France (+2.4%), Canada (+2.4%) and Kazakhstan (+2.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the world, with a CAGR of +125.0% from 2012-2022. By contrast, Japan (-1.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hungary, the United States, Uzbekistan and the Philippines increased by +39, +11, +2.2 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($1.2B) constitutes the largest market for imported doors and their frames and thresholds of wood worldwide, comprising 26% of global imports. The second position in the ranking was taken by the UK ($471M), with an 11% share of global imports. It was followed by Sweden, with a 4% share.

In the United States, wooden door imports increased at an average annual rate of +12.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the UK (+4.8% per year) and Sweden (+8.4% per year).

Import Prices By Country

The average wooden door import price stood at $26 per unit in 2022, dropping by -42.3% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 an increase of 6.2%. As a result, import price attained the peak level of $46 per unit, and then declined dramatically in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($67 per unit), while Hungary ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.3%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Doors And Their Frames And Thresholds Of Wood

For the sixth consecutive year, the global market recorded growth in overseas shipments of doors and their frames and thresholds of wood, which increased by 107% to 247M units in 2022. In general, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden door exports dropped to $4.7B in 2022. The total export value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $4.8B, and then reduced slightly in the following year.

Exports By Country

In 2022, Mexico (72M units), distantly followed by Brazil (44M units), Hungary (31M units) and China (23M units) were the major exporters of doors and their frames and thresholds of wood, together generating 69% of total exports. Indonesia (9.2M units), Russia (6.4M units), Poland (6.4M units), Ukraine (5.5M units), Canada (4.2M units), Germany (3.9M units) and Malaysia (3.7M units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Mexico (with a CAGR of +53.6%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($861M) remains the largest wooden door supplier worldwide, comprising 18% of global exports. The second position in the ranking was held by Brazil ($392M), with an 8.3% share of global exports. It was followed by Poland, with a 7.1% share.

In China, wooden door exports expanded at an average annual rate of +3.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (+10.2% per year) and Poland (+9.2% per year).

Export Prices By Country

The average wooden door export price stood at $19 per unit in 2022, reducing by -53.1% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2016 an increase of 5.4% against the previous year. The global export price peaked at $43 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($68 per unit), while Hungary ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.8%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform