After five years of continuous growth between 2009 and 2014, EU wood flooring exports declined slightly in 2015, by 1.7 percent to 21.1 million sq.m. However, growth resumed in the first six months of 2016 and exports rose by 9 percent to 11.2 million sq.m, reports from ITTO.
The downward trend in exports to Switzerland and Norway in 2015 was reversed in the first six months of 2016.
After making significant gains in 2015, EU wood flooring exports continued to increase rapidly to the USA (+23 percent) and China (+154 percent) in the first six months of 2016. However, some of the gains made by EU wood flooring products in the Turkish and Canadian markets in 2015 were lost during the first half of 2016. Exports also declined to Russia during the same period.
In summarising their latest market statement, published in June 2016, FEP were reasonably positive about future prospects for Europe’s wood flooring sector. They noted that “after several years of hardship for the European Parquet Producers and the overall negative developments in both consumption and production, the sky has cleared somewhat.