The Parquet Industry
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1 The Parquet Industry
2 2011 The European Parquet Industry maintains stabilisation course As already predicted in the January forecast of the FEP (European Federation of the Parquet Industry) issued at the start of the DOMOTEX fair in Hannover, the consolidated data provided by member companies and affiliated national associations points towards more or less stable consumption and production levels in comparison with the previous year. The general picture is, as expected, not uniform with considerable variations from country to country and even from quarter to quarter. Compared to 2010, the total production in 2011 increased by 0.58%, whereas the overall consumption figures point to a slight decline of 1.65%. 000 m² + / m² + / - % ,8% ,5% ,1% ,2% ,1% ,0% ,6% ,4% ,3% ,7% ,6% ,4% ,3% 1999(*) ,1% ,8% ,3% ,5% ,6% ,85% ,9% ,02% ,47% ,56% ,30% ,11% ,58% The 2011 results therefore confirm the stabilisation trend already initiated in 2010, which came after two difficult years during which the parquet industry faced challenging times which lead to a downfall both in consumption and production. The figure of the total production in FEP territory has moreover to be interpreted in light of the strategic choices made by several producing companies, which decided to relocate their production in European countries outside the FEP territory. Without this shift of production location, it is estimated that the 2011 production would have increased by an additional 2 to 3%. The total production in FEP territory rose to a volume of 70,713,000 m². Important increases in Switzerland, Hungary, The Netherlands and in the Nordic countries balanced the sensitive situation in Spain and contributed to the stabilisation of the sector.
3 Consumption in the FEP area declined by 1.65%, to a level of 91,475,000 m², despite substantial increases in Sweden and Austria and the excellent performance of Germany and Switzerland. The 2011 total parquet production per type remains similar to the picture already presented in 2010, whereby multilayer comes in first with 78% being followed by solid (including lamparquet) with 20% and mosaic at 2% of the total cake. In absolute production figures by country, Poland is maintaining its top position with 17.61%, Germany still ranks second at 14.63% and Sweden completes the usual podium with 13.26%. Consumption in the FEP area lost 1.65%. According to the figures received and considering the small error margin, this result is in line with the expectations expressed in the January prognosis. In terms of consumption per country, Germany consolidated its first position with 22.59% (an increase of close to 2% compared to 2010) and is still followed by France which is losing some ground to 12.37%. Italy was able to regain its third position with 10.49% to the detriment of Spain which is now just under the 10% threshold (9.62%).
4 The per capita parquet consumption remains the highest in Austria (0.87 m²) and Switzerland (0.74), now closely followed by Sweden now at 0.72 m². In the total FEP area, the consumption per inhabitant remained at 0.23m² in Use of wood species The usage of wood species in 2011 as shown on the above graph indicates that oak is advancing to 2/3 of the total (66.7%), tropical wood species are stabilsaing at a mere 7.4%. Ash and beech are the two other most common chosen species with 6.5% and 6.1% respectively.
5 Outlook for 2013 Outlook for 2013 We are living in times of global economy where market forecasts are often changing by the day, financial turmoils are on the weekly menu and making any kind of prognosis is an extremely ungrateful occupation. The situation for our sector can probably best be summarized under the heading: The parquet Industry is ready, but are the EU markets ready as well? One often has the distinct impression lately that the parquet business is evolving in parallel with the EC s economic indicators, the latest version of which predicts that a recovery is in sight, but the economic situation remains fragile, with still large disparities across member states. Sounds familiar? The construction business is unfortunately following the same divided geographical pattern an additional reason for concern. According to the EC experts we are witnessing an ongoing adjustment of the fiscal and structural imbalances built up before and after the onset of the crisis, made even worse by the still weak economic sentiment. In the absence of further determined and focused action, low growth in the EU could remain. Sound public finances are the condition for lasting growth and building on the new strong framework for economic governance, we must support the adjustment by accelerating stability and growth-enhancing projects. Be it as it may, the EC spring forecast calls for a brighter outlook in 2013, with an estimated 1% average rise next year in the 17 Euro zone countries and a 1.3% average growth rate across all 27 EU member states. As regards the current year, though, GDP will be stagnant in the EU as a whole, falling by 0.3% in the Euro zone. Unemployment is expected to remain high this year in the EU at an average of 10.3% and 11% in the Euro zone, as compared to 24.4% in Spain, whose economic woes are now giving biggest cause for concern. Little is expected to change in 2013, with even an increase in Spain to the level of 25.1%. FEP hopes that the second semester of 2012 as well as 2013 will bring a positive upswing for the European Parquet Industry as a whole, though it is regretfully not realistic to envisage a harmonious picture in the global FEP member area. One can only hope that the comparatively polarized internal situation between certain countries will not drag along and that the apparent gap can be bridged in the shortest possible delay.
6 European Federation of the Parquet Industry Fédération Européenne de l Industrie du Parquet Föderation der Europäischen Parkett-Industrie T: F: E: info@parquet.net W: -
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