Russian Federation - Wooden Furniture Of A Kind Used In The Bedroom - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWooden Bedroom Furniture Price in Russia - 2022
Contents:
- Wooden Bedroom Furniture Price in Russia (FOB) - 2022
- Wooden Bedroom Furniture Price in Russia (CIF) - 2022
- Wooden Bedroom Furniture Exports in Russia
- Wooden Bedroom Furniture Imports in Russia
Wooden Bedroom Furniture Price in Russia (FOB) - 2022
In 2022, the average wooden bedroom furniture export price amounted to $89 per unit, reducing by -9.4% against the previous year. Overall, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the peak figure at $136 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($125 per unit), while the average price for exports to the United States ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Bedroom Furniture Price in Russia (CIF) - 2022
In January 2022, the average wooden bedroom furniture import price amounted to $78.9 per unit, which is down by -12.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in October 2021 when the average import price increased by 38% against the previous month. As a result, import price reached the peak level of $94.9 per unit. From November 2021 to January 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($189 per unit), while the price for Lithuania ($51.3 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Latvia (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Bedroom Furniture Exports in Russia
In 2022, shipments abroad of wooden furniture of a kind used in the bedroom decreased by -5.5% to 702K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 13%. The exports peaked at 743K units in 2021, and then declined in the following year.
In value terms, wooden bedroom furniture exports contracted to $63M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 41%. As a result, the exports attained the peak of $73M, and then fell in the following year.
| Export of Wooden Bedroom Furniture in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.3 | 9.5 | 13.3 | 19.3 | 80.2% |
| Kazakhstan | 17.4 | 17.9 | 24.6 | 11.6 | -12.6% |
| Poland | 1.6 | 2.9 | 5.7 | 7.9 | 70.3% |
| Belarus | 4.4 | 5.5 | 5.8 | 5.7 | 9.0% |
| Uzbekistan | 0.8 | 1.2 | 1.9 | 2.6 | 48.1% |
| Ukraine | 1.3 | 1.8 | 2.2 | 1.8 | 11.5% |
| Armenia | 2.3 | 2.0 | 2.7 | 1.7 | -9.6% |
| Netherlands | N/A | 0.1 | 1.2 | 1.6 | 300.0% |
| Czech Republic | 1.1 | 1.7 | 2.1 | 1.5 | 10.9% |
| Kyrgyzstan | 1.4 | 1.0 | 1.3 | 1.3 | -2.4% |
| Azerbaijan | 0.8 | 0.6 | 0.9 | 0.8 | 0.0% |
| United States | 1.9 | 1.6 | 0.9 | 0.2 | -52.8% |
| Canada | 0.7 | 0.5 | N/A | N/A | -28.6% |
| Others | 4.6 | 5.7 | 10.7 | 6.7 | 13.4% |
| Total | 41.9 | 52.1 | 73.3 | 62.7 | 14.4% |
Top Export Markets for Wooden Bedroom Furniture from Russia in 2022:
- Germany (176.9K units)
- Kazakhstan (139.6K units)
- Poland (111.9K units)
- Belarus (77.5K units)
- Ukraine (27.1K units)
- Uzbekistan (20.5K units)
- Netherlands (19.7K units)
- United States (12.8K units)
- Kyrgyzstan (12.7K units)
- Azerbaijan (12.0K units)
- Czech Republic (9.8K units)
- Armenia (9.7K units)
Wooden Bedroom Furniture Imports in Russia
For the fourth consecutive year, Russia recorded growth in purchases abroad of wooden furniture of a kind used in the bedroom, which increased by 5.3% to 877K units in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, wooden bedroom furniture imports fell to $57M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of $63M, and then dropped in the following year.
| Import of Wooden Bedroom Furniture in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 14.5 | 13.3 | 15.2 | 19.4 | 10.2% |
| Turkey | 0.6 | 0.9 | 2.0 | 3.1 | 72.9% |
| China | 2.9 | 2.1 | 3.5 | 2.7 | -2.4% |
| Lithuania | 2.3 | 2.2 | 3.4 | 1.5 | -13.3% |
| Poland | 3.1 | 2.9 | 4.5 | 1.3 | -25.1% |
| Serbia | N/A | 0.2 | 0.5 | 1.0 | 123.6% |
| Germany | 0.7 | 0.8 | 0.8 | 0.7 | 0.0% |
| Belarus | 4.3 | 4.8 | 6.5 | N/A | 22.9% |
| Others | 23.8 | 23.0 | 27.2 | 27.1 | 4.4% |
| Total | 52.1 | 50.2 | 63.4 | 56.8 | 2.9% |
Top Suppliers of Wooden Bedroom Furniture to Russia in 2022:
- Italy (306.7K units)
- Turkey (48.4K units)
- China (24.4K units)
- Lithuania (23.6K units)
- Poland (21.1K units)
- Serbia (15.8K units)
- Germany (10.5K units)
This report provides an in-depth analysis of the wooden bedroom furniture market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31091230 - Wooden bedroom furniture (excluding builders
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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