Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus - 2022
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus (FOB) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus (CIF) - 2022
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus (FOB) - 2022
The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $98 per unit in 2022, rising by 38% against the previous year. In general, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 53%. Over the period under review, the average export prices reached the peak figure at $173 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($98 per unit) and the UK ($98 per unit), while the average price for exports to Poland ($98 per unit) and Germany ($98 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-5.5%), while the prices for the other major destinations experienced a decline.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus (CIF) - 2022
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $113 per unit in March 2022, increasing by 5.9% against the previous month. Over the last one-month period, it increased at an average monthly rate of +5.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from Russia ($90.9 per unit) and Poland ($90.9 per unit), while the price for China ($90.9 per unit) and Turkey ($90.9 per unit) were amongst the lowest.
From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Turkey (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus
In 2022, after three years of growth, there was significant decline in overseas shipments of furniture; wooden, other than for office, kitchen or bedroom use, when their volume decreased by -75% to 1M units. Over the period under review, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 58%. The exports peaked at 4.2M units in 2021, and then dropped markedly in the following year.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use declined rapidly to $102M in 2022. Overall, exports showed a significant curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of $296M, and then shrank significantly in the following year.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 102 | 98.6 | 138 | 46.6 | -23.0% |
| Germany | 29.7 | 39.6 | 43.2 | 14.6 | -21.1% |
| Poland | 16.3 | 22.1 | 32.7 | 11.1 | -12.0% |
| Kazakhstan | 14.7 | 12.6 | 16.3 | 5.5 | -27.9% |
| France | 13.6 | 10.7 | 16.0 | 5.4 | -26.5% |
| Lithuania | 9.2 | 11.5 | 6.5 | 3.0 | -31.2% |
| United Kingdom | 3.2 | 2.9 | 8.1 | 2.8 | -4.4% |
| Netherlands | 5.8 | 7.8 | 4.3 | 2.0 | -29.9% |
| Others | 30.3 | 22.7 | 31.3 | 11.1 | -28.4% |
| Total | 225 | 229 | 296 | 102 | -23.2% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Belarus in 2022:
- Russia (476.1K units)
- Germany (149.4K units)
- Poland (113.1K units)
- Kazakhstan (56.3K units)
- France (55.5K units)
- Lithuania (30.5K units)
- United Kingdom (28.2K units)
- Netherlands (20.1K units)
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus
In 2022, purchases abroad of furniture; wooden, other than for office, kitchen or bedroom use decreased by -45.8% to 223K units, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 434K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use fell sharply to $12M in 2022. Overall, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 10%. As a result, imports reached the peak of $31M, and then dropped sharply in the following year.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.7 | 1.7 | 4.0 | 3.6 | 72.6% |
| Romania | N/A | N/A | N/A | 2.7 | 0% |
| China | 1.4 | 1.5 | 2.6 | 2.0 | 12.6% |
| Poland | 0.9 | 1.1 | 1.2 | 0.8 | -3.9% |
| Latvia | 0.6 | 0.6 | 0.8 | 0.8 | 10.1% |
| Italy | 1.4 | 1.3 | 0.9 | 0.7 | -20.6% |
| Lithuania | 1.5 | 1.0 | 0.8 | 0.6 | -26.3% |
| Ukraine | 8.5 | 6.9 | 4.9 | 0.2 | -71.3% |
| Russia | 9.8 | 11.9 | 13.0 | N/A | 15.2% |
| Others | 1.9 | 2.0 | 2.7 | 0.7 | -28.3% |
| Total | 26.8 | 28.0 | 30.8 | 12.2 | -23.1% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Belarus in 2022:
- Romania (64.9K units)
- Turkey (59.1K units)
- China (40.9K units)
- Latvia (12.4K units)
- Italy (11.6K units)
- Poland (11.0K units)
- Lithuania (10.3K units)
- Ukraine (4.0K units)
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