In 2023, Austria was the top exporter with $43.43 million in shuttering products, followed by Germany and the Czech Republic. There was significant variability in year-on-year trends, with countries like Denmark and Greece experiencing substantial growth, while Germany and Slovakia saw declines. Estonian and Serbian exports showed impressive year-over-year increases. Over the longer term, there is significant growth potential for Asian markets, particularly with China's steady increase and Japan's recovery. The overall market has shown moderate growth driven by China and Eastern European nations.
Looking forward, there are opportunities for further growth in Asian markets as demand for construction materials in the region rises. Attention should also be given to technological innovations in production and sustainability trends, which may influence the global market dynamics for exports of shuttering wood products.
Top countries in Export of Shuttering for Concrete Constructional Work of Wood Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 43.43 | 2023 | +0.91% | +0.06% | View data |
| 2 | 2 Germany | 14.44 | 2023 | -2.25% | -0.79% | View data |
| 3 | 3 Czech Republic | 12.1 | 2023 | +3.57% | +2.94% | View data |
| 4 | 4 China | 9.92 | 2023 | +2.92% | +1.17% | View data |
| 5 | 5 Slovakia | 6.24 | 2023 | -3.59% | -5.81% | View data |
| 6 | 6 Spain | 3.58 | 2023 | +2.56% | +2.48% | View data |
| 7 | 7 Italy | 2.37 | 2023 | +1.22% | -0.89% | View data |
| 8 | 8 United Arab Emirates | 2.05 | 2023 | +5.77% | +2.71% | View data |
| 9 | 9 Bosnia and Herzegovina | 1.83 | 2023 | +5.51% | +9.97% | View data |
| 10 | 10 United States | 1.33 | 2023 | -0.11% | -2.76% | View data |
