Builders’ joinery and carpentry of wood market in Italy

Earlier Report Observations

The Italian market for builders’ joinery and carpentry of wood reached a value of 4.1 billion USD in 2018, supported by strong demand in the residential and commercial construction sectors driven by urbanization and demographic growth. Consumer preferences shifted toward high-quality and sustainable wood products, while state-owned companies in the industry contributed through infrastructure investments.

Market value fell to 2.8 billion USD in 2019 despite increased renovation activity and the entry of new small-to-medium enterprises focusing on custom products and smart technologies. The COVID-19 pandemic in 2020 initially restricted construction, lowering the market to 2.8 billion USD, but government incentives for building and energy requalification spurred a rebound. By 2021, sustained incentives and the development of innovative segments like cellular wood panels and assembled flooring panels drove recovery to 3.8 billion USD.

Production builders’ joinery and carpentry of wood in Italy

In value, 2017-2020, M $ US

Italy's production of builders' joinery and carpentry of wood declined for the second consecutive year. In 2020, output was valued at 2 679 million US dollars, marking a moderate decrease of 6.6% compared to 2019. Over the period from 2017 to 2020, production fell by 26.9%, with an average annual decline of 9.9%. The highest production value was recorded in 2018 at 3 923 million US dollars, which saw a 7.0% increase that year. The most significant drop occurred in 2019, with a 26.9% decrease.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

Exports builders’ joinery and carpentry of wood from Italy

Exports in kind, K t

Italy's export volume of builders' joinery and carpentry of wood declined for the third consecutive year. In 2020, exports totaled 115.3 thousand tonnes, representing a modest decrease of 6.6% from 2019. Between 2017 and 2020, exports decreased by 8.9%, equating to an average annual decline of 3.1%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, K t

From 2017 to 2020, Italy's exports of builders' joinery and carpentry of wood were distributed across numerous markets. The top three destinations—Austria (17.9% of exports), Switzerland (16.2%), and Germany (15.1%)—collectively accounted for only 49.1% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy's export value of builders' joinery and carpentry of wood declined for the second consecutive year. In 2020, exports reached 391.8 million US dollars, reflecting a moderate year-over-year decrease of 8.8%. Between 2017 and 2020, exports fell by 16%, with an average annual decline of 5.6%. The peak export value was recorded in 2018 at 466.7 million US dollars, which saw a slight increase of 0.1% that year.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

Between 2017 and 2020, Italy's export value of builders' joinery and carpentry of wood was widely spread across various markets. The leading destinations—France (15.2% of exports), Switzerland (13.9%), and Germany (8.8%)—together represented only 38.0% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports builders’ joinery and carpentry of wood to Italy

Imports in kind, K t

After two years of decline, Italy's import volume of builders' joinery and carpentry of wood increased in 2020. Imports totaled 369.1 thousand tonnes, up 8.4% year-over-year. However, over the period from 2017 to 2020, imports decreased by 8.8%, with an average annual decline of 3.0%. The lowest import volume was recorded in 2019 at 340.4 thousand tonnes, following the largest decline of 8.9% in 2018.

Annual dynamics of product's imports to Italy in kind, 2017-2020, K t

From 2017 to 2020, Austria (60.1% of imports), Germany (6.8%), and Poland (4.4%) were the primary sources for Italy's imports of builders' joinery and carpentry of wood, together accounting for 71.3% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

Italy's import value of builders' joinery and carpentry of wood declined for the second consecutive year. In 2020, imports amounted to 506.2 million US dollars, showing a slight contraction of 0.9% from the previous year. Between 2017 and 2020, imports decreased by 9%, with an average annual decline of 3.1%. The highest import value was recorded in 2018 at 600.3 million US dollars, which saw a 7.9% increase that year. The most significant drop occurred in 2019, with a 14.9% decrease.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

Over the period from 2017 to 2020, Austria (49.3% of imports), China (8.5%), and Germany (8.3%) emerged as the key markets for Italy's imports of builders' joinery and carpentry of wood in value terms, collectively representing 66.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020