{"id":87493,"date":"2024-04-23T08:11:55","date_gmt":"2024-04-23T08:11:55","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/european-parquet-market-reached-the-bottom-expected-to-stabilise\/"},"modified":"2025-09-19T09:01:54","modified_gmt":"2025-09-19T09:01:54","slug":"european-parquet-market-reached-the-bottom-expected-to-stabilise","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/european-parquet-market-reached-the-bottom-expected-to-stabilise\/","title":{"rendered":"European parquet market reached the bottom expected to stabilise"},"content":{"rendered":"

The European parquet market could have reached the bottom and slowly start to stabilise. The Board of Directors of the European Parquet Federation, FEP, met online on 10 April 2024, and discussed, amongst others, the parquet situation on the European markets.<\/p>\n

In general, the situation continues to be difficult on the European parquet markets although some signs \u2013 slightly positive \u2013 point to, at least, a stabilisation of the consumption in the coming months. However, interest rates remain too high and construction activity subdued.<\/p>\n

As usual, the results show variations from country to country. A brief per country recap is provided in the list below.<\/p>\n

    \n
  1. Italy:<\/strong> The Italian parquet consumption declined by 27% in January 2024 compared to December 2023 and by 21% compared to January 2023. It is expected to fall by 20% for the first quarter 2024 compared to the same period last year. (\u2193)<\/li>\n
  2. Scandinavia:<\/strong> During the fourth quarter 2023, the Scandinavian consumption of parquet fell by -30% compared to 2022. The first quarter 2024 is expected to be flat. The bottom could have been reached. Markets in Norway (which is recovering fast) and Sweden (where residential buildings have drastically decreased) are stable while the Finnish market experiments the worst situation (lack of spendings due to uncertainties) and the Danish one (with an economy focused on growing sectors) is doing better. (\u2193)<\/li>\n
  3. Switzerland:<\/strong> The 4th quarter 2023 shows a decrease of the Swiss parquet market by 10-15% compared to the same quarter in 2022. The 1st quarter 2024 is nearly the same as in 2023; the situation is supposed to remain stable for the rest of the year. New building activity is also projected to be relatively flat for the rest of 2024. (\"\u2194\")<\/li>\n
  4. Germany:<\/strong> The German parquet market dropped by 14% in 2023 compared to 2022. The first quarter 2024 was not as good as in 2023: -5 to -10% compared to the first quarter 2023. Construction is still down, and bankruptcies, insolvencies, disruptions of big companies are observed. But the bottom seems to have been reached and a small increase could be observed end of 2024. (\u2191)<\/li>\n
  5. Spain:<\/strong> The improvement of the economic situation in Spain is only due to services and tourism. Interest rates are too high. The middle class is lacking purchasing power and is turning to cheaper products. Nevertheless, consumption is stabilizing at a low level. (\"\u2194\")<\/li>\n
  6. France:<\/strong> The decline of the French parquet consumption in 2023 compared to 2022 - 15% for multilayer and 26-27% for solid \u2013 is confirmed. The situation on the French parquet market is currently not good but should slowly stabilize. The consumption for the 1st quarter 2024 fell by 20-25% compared to the 1st quarter 2023 (which was still at a relatively high level), reflecting a difficult month of March in DIY, high interest rates, and a decrease of construction permits (-30% compared to 2 years ago). (\u2193)<\/li>\n
  7. Austria:<\/strong> The Austrian parquet consumption shows an increase by 3% during the first quarter 2024 compared to the same period last year. But, as construction of new buildings is declining, the situation will probably worsen end 2024 and in 2025. (\u2193)<\/li>\n<\/ol>","protected":false},"excerpt":{"rendered":"

    The European parquet market could have reached the bottom and slowly start to stabilise. The Board of Directors of the European Parquet Federation, FEP, met online on 10 April 2024, and discussed, amongst others, the parquet situation on the European … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":87495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-87493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nEuropean parquet market reached the bottom expected to stabilise - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/european-parquet-market-reached-the-bottom-expected-to-stabilise\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European parquet market reached the bottom expected to stabilise - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The European parquet market could have reached the bottom and slowly start to stabilise. 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