The European Parquet Federation (FEP)’s board of administrators met final month and mentioned the parquet scenario within the European markets.
Parquet markets fell in all FEP international locations through the first semester 2023 in comparison with the identical interval final 12 months. Reported decreases vary from 15 p.c to 38 p.c. The group cites the primary cause because the low exercise within the development sector for each new buildings and renovation. FEP says development exercise is hampered by uncertainties and excessive rates of interest, which aren’t adequate to include inflation. Each European and imported parquet are impacted. In the meantime, there’s nonetheless a requirement for affordable options to actual wooden flooring.
As development output just isn’t anticipated to upturn quickly and as parquet is coming on the finish of the constructing course of, enhancements should not forecast earlier than the top of 2024. Learn the total report right here.
The FEP’s 68th Basic Meeting and forty eighth Parquet Congress are scheduled for June 13-14, 2024 in Vienna, Austria.