Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland - 2024
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland (CIF) - 2022
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $166 per unit in 2022, shrinking by -29.9% against the previous year. In general, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. Over the period under review, average import prices hit record highs at $665 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($169 per unit) and Austria ($169 per unit), while the price for Serbia ($159 per unit) and India ($159 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-4.7%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland (FOB) - 2022
In 2022, the average export price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $53 per unit, remaining stable against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of 50%. As a result, the export price attained the peak level of $97 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lebanon ($53 per unit) and the United Arab Emirates ($53 per unit), while the average price for exports to France ($53 per unit) and Germany ($53 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 Lebanon (-2.4%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland
In 2022, approx. 4.1M units of furniture; wooden, other than for office, kitchen or bedroom use were imported into Switzerland; jumping by 34% against the previous year. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 85% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use shrank to $690M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports reached the peak of $735M, and then contracted in the following year.
Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 195 | 198 | 220 | 215 | 3.3% |
Italy | 121 | 115 | 132 | 131 | 2.7% |
Poland | 58.6 | 71.7 | 81.5 | 69.6 | 5.9% |
China | 39.4 | 43.2 | 54.0 | 50.5 | 8.6% |
Austria | 30.7 | 37.1 | 44.5 | 36.5 | 5.9% |
France | 33.5 | 30.7 | 35.3 | 32.3 | -1.2% |
Vietnam | 11.8 | 12.6 | 14.5 | 13.2 | 3.8% |
Lithuania | 10.8 | 10.0 | 12.3 | 11.9 | 3.3% |
Serbia | 6.4 | 7.9 | 9.8 | 11.4 | 21.2% |
India | 8.1 | 9.9 | 13.9 | 10.5 | 9.0% |
Portugal | 7.4 | 7.8 | 11.4 | 9.4 | 8.3% |
Others | 89.2 | 90.8 | 106 | 98.5 | 3.4% |
Total | 612 | 635 | 735 | 690 | 4.1% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Switzerland in 2022:
- Germany (1269.3K units)
- Italy (777.4K units)
- Poland (413.6K units)
- China (317.2K units)
- Austria (215.7K units)
- France (191.2K units)
- Vietnam (83.2K units)
- Lithuania (74.5K units)
- Serbia (71.9K units)
- India (65.8K units)
- Portugal (59.0K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland
For the fourth year in a row, Switzerland recorded growth in overseas shipments of furniture; wooden, other than for office, kitchen or bedroom use, which increased by 18% to 1.7M units in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 19%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use surged to $91M in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 21.4 | 22.0 | 22.2 | 21.2 | -0.3% |
France | 10.8 | 11.5 | 13.2 | 15.8 | 13.5% |
United States | 3.1 | 3.9 | 9.7 | 13.3 | 62.5% |
United Kingdom | 4.4 | 4.8 | 3.7 | 6.3 | 12.7% |
Austria | 5.4 | 3.1 | 2.6 | 4.1 | -8.8% |
Italy | 3.7 | 3.1 | 4.3 | 4.0 | 2.6% |
Saudi Arabia | 0.4 | 0.8 | 2.8 | 3.9 | 113.6% |
Spain | 1.2 | 0.8 | 1.4 | 2.4 | 26.0% |
United Arab Emirates | 0.7 | 0.1 | 0.3 | 1.8 | 37.0% |
Serbia | 0.9 | 1.0 | 1.4 | 1.8 | 26.0% |
Belgium | 0.8 | 0.8 | 0.9 | 1.8 | 31.0% |
Lebanon | 0.3 | 0.4 | 0.1 | 1.5 | 71.0% |
Others | 17.7 | 13.8 | 14.8 | 12.9 | -10.0% |
Total | 70.9 | 66.1 | 77.4 | 90.7 | 8.6% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Switzerland in 2022:
- Germany (398.3K units)
- France (297.1K units)
- United States (249.1K units)
- United Kingdom (118.6K units)
- Austria (76.5K units)
- Italy (74.2K units)
- Saudi Arabia (73.4K units)
- Spain (44.8K units)
- Belgium (33.8K units)
- United Arab Emirates (33.7K units)
- Serbia (33.2K units)
- Lebanon (28.3K units)
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