European parquet market reached the bottom expected to stabilise

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. In general, the situation continues to be difficult on the European parquet markets although some signs – slightly positive – point to, at least, a stabilisation of the consumption in the coming months. However, interest rates remain too high and construction activity subdued. As usual, the results show variations from country to country. A brief per country recap is ...