Iran: Market for Furnishing Articles, Furniture and Cushion Covers 2024

Market Size for Furnishing Articles, Furniture and Cushion Covers in Iran

The Iranian market for furnishing articles, furniture and cushion covers stood at $X in 2023, flattening at the previous year. Overall, consumption, however, showed a mild decline. Consumption of peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Furnishing Articles, Furniture and Cushion Covers in Iran

In value terms, production of furnishing articles, furniture and cushion covers totaled $X in 2023 estimated in export price. In general, production, however, saw a slight downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Furnishing Articles, Furniture and Cushion Covers

Exports from Iran

In 2023, approx. X tons of furnishing articles, furniture and cushion covers were exported from Iran; shrinking by X% against 2022 figures. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of furnishing articles, furniture and cushion covers reached $X in 2023. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for exports of furnishing articles, furniture and cushion covers from Iran, accounting for a X% share of total exports. Moreover, exports of furnishing articles, furniture and cushion covers to Germany exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Japan (X% per year).

In value terms, Germany ($X), Switzerland ($X) and Japan ($X) appeared to be the largest markets for furnishing article, furniture and cushion cover exported from Iran worldwide, with a combined X% share of total exports. China, Finland, Australia, Portugal, Malaysia, Canada, Georgia and Azerbaijan lagged somewhat behind, together accounting for a further X%.

Portugal, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for furnishing articles, furniture and cushion covers stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furnishing Articles, Furniture and Cushion Covers

Imports into Iran

In 2023, imports of furnishing articles, furniture and cushion covers into Iran contracted significantly to X tons, waning by X% on the previous year. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2022 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, imports of furnishing articles, furniture and cushion covers reduced dramatically to $X in 2023. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Turkey (X tons) constituted the largest supplier of furnishing article, furniture and cushion cover to Iran, accounting for a X% share of total imports. Moreover, imports of furnishing articles, furniture and cushion covers from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2023, the average annual rate of growth in terms of volume from Turkey totaled X%.

In value terms, Turkey ($X) and China ($X) were the largest furnishing article, furniture and cushion cover suppliers to Iran.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2023, the average import price for furnishing articles, furniture and cushion covers amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a mild shrinkage. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform