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Stable to higher parquet consumption in Europe

18.10.2018 − 

The European Federation of the Parquet Industry (FEP) has reported that European parquet consumption was stable or slightly higher on the whole during the first six months. At its quarterly meeting on 20 September, the FEP Board of Directors discussed the latest developments on individual markets. Preliminary figures and information about consumption trends in its 13 member countries served as the basis for these discussions. This data indicated that six countries enjoyed growth in the first half of the year. Four countries had stable fortunes, while three countries faced a downturn in parquet consumption. By way of comparison, ten countries had booked growth of 1-3% after the first three months and two countries registered stable parquet consumption. Germany was the only market to face a downturn in consumption in this period.

Austria, Finland, France, Italy, Poland and Sweden were the growth markets in the latest reporting period. This time around, information was not provided about the quantities involved. A slight increase was mentioned in most cases. In this vein, a restriction was made for the solid parquet business in France. In Italy, the upward trend seen in connection with parliamentary elections this spring softened a little in most parts of the country, although a recovery is expected to emerge towards the year’s end. The Finnish market is currently benefiting from the commercial business in particular, while sales via retailers have been rated as weaker by comparison. A slowdown in home construction and weaker demand for high-quality parquet grades have been recorded in Sweden, although small growth was still booked there too.

Belgium, Denmark, the Netherlands and Spain witnessed largely stable market trends in the first six months. However, Spain did encounter a downward trend of late after a good start to the New Year.

Norway and Switzerland have joined Germany as markets with dwindling parquet consumption. After the first quarter, Switzerland was still ranked as a stable market, while Norway had recorded a small growth of 1-2%. The FEP noted that signs of a recovery have recently popped up in Germany and Norway though.

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