Republic of Korea - Wooden Furniture Of A Kind Used In The Bedroom - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingWooden Bedroom Furniture Price in South Korea - 2022
Contents:
- Wooden Bedroom Furniture Price in South Korea (CIF) - 2022
- Wooden Bedroom Furniture Price in South Korea (FOB) - 2022
- Wooden Bedroom Furniture Imports in South Korea
- Wooden Bedroom Furniture Exports in South Korea
Wooden Bedroom Furniture Price in South Korea (CIF) - 2022
The average wooden bedroom furniture import price stood at $143 per unit in 2022, surging by 11% against the previous year. Over the period under review, the import price saw modest growth. The most prominent rate of growth was recorded in 2015 an increase of 33%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($143 per unit) and Vietnam ($143 per unit), while the price for Indonesia ($143 per unit) and China ($143 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Bedroom Furniture Price in South Korea (FOB) - 2022
The average wooden bedroom furniture export price stood at $91 per unit in 2022, picking up by 6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 when the average export price increased by 31%. Over the period under review, the average export prices reached the maximum at $95 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($91 per unit) and China ($91 per unit), while the average price for exports to Australia ($91 per unit) and Hong Kong SAR ($91 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 Taiwan (Chinese) (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Bedroom Furniture Imports in South Korea
In 2022, purchases abroad of wooden furniture of a kind used in the bedroom decreased by -25.9% to 965K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of 1.6M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wooden bedroom furniture imports contracted dramatically to $138M in 2022. In general, imports saw a slight decrease. The growth pace was the most rapid in 2020 when imports increased by 9.3%. Imports peaked at $167M in 2021, and then shrank notably in the following year.
| Import of Wooden Bedroom Furniture in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 87.2 | 98.3 | 111 | 93.0 | 2.2% |
| Vietnam | 37.5 | 46.5 | 43.3 | 33.1 | -4.1% |
| Italy | 5.9 | 2.1 | 2.3 | 2.1 | -29.1% |
| Others | 15.3 | 12.5 | 10.2 | 9.9 | -13.5% |
| Total | 146 | 159 | 167 | 138 | -1.9% |
Top Suppliers of Wooden Bedroom Furniture to South Korea in 2022:
- China (649.7K units)
- Vietnam (231.2K units)
- Italy (14.9K units)
Wooden Bedroom Furniture Exports in South Korea
In 2022, exports of wooden furniture of a kind used in the bedroom from South Korea rose to 14K units, with an increase of 2% compared with the previous year. Over the period under review, exports, however, saw a precipitous descent. Over the period under review, the exports hit record highs at 45K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, wooden bedroom furniture exports expanded notably to $1.3M in 2022. Overall, exports, however, continue to indicate a precipitous decrease. Over the period under review, the exports reached the peak figure at $3.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Wooden Bedroom Furniture in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 109 | 1,217 | 139 | 451 | 60.5% |
| United States | 46.8 | 239 | 169 | 267 | 78.7% |
| Taiwan (Chinese) | 748 | 278 | 110 | 139 | -42.9% |
| China | 135 | 95.1 | 193 | 107 | -7.5% |
| Japan | 126 | 70.7 | 14.0 | 84.3 | -12.5% |
| Vietnam | 492 | 106 | 59.1 | 63.7 | -49.4% |
| Hong Kong SAR | 247 | 102 | 95.8 | 60.4 | -37.5% |
| Singapore | 77.5 | 34.3 | 41.4 | 30.0 | -27.1% |
| Kazakhstan | 532 | 1.8 | N/A | N/A | -99.7% |
| Iraq | N/A | 479 | N/A | N/A | 0% |
| Qatar | 179 | 2.2 | N/A | N/A | -98.8% |
| Others | 365 | 303 | 383 | 112 | -32.6% |
| Total | 3,058 | 2,928 | 1,205 | 1,314 | -24.5% |
Top Export Markets for Wooden Bedroom Furniture from South Korea in 2022:
- Philippines (5.0K units)
- United States (2.9K units)
- Taiwan (Chinese) (1.5K units)
- China (1.2K units)
- Japan (0.9K units)
- Vietnam (0.7K units)
- Hong Kong SAR (0.7K units)
- Singapore (0.3K units)
This report provides an in-depth analysis of the wooden bedroom furniture market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
603
This report provides an in-depth analysis of the wooden bedroom furniture market in Republic of Korea.
437
This report provides an in-depth analysis of the wooden office furniture market in Republic of Korea.
593
This report provides an in-depth analysis of the plastic furniture market in Republic of Korea.
422
This report provides an in-depth analysis of the metal office furniture market in Republic of Korea.
387
This report provides an in-depth analysis of the wooden kitchen furniture market in Republic of Korea.
243
This report provides an in-depth analysis of the market for furniture of materials other than metal, wood or plastic in Republic of Korea.
296
This report provides an in-depth analysis of the metal domestic furniture market in Republic of Korea.
1499
This report provides an in-depth analysis of the global wooden bedroom furniture market.
713
This report provides an in-depth analysis of the global wooden office furniture market.
453
Global Metal Furniture Market Report 2018. This report provides an in-depth analysis of the global metal furniture market.
73
Global wooden office furniture market is projected to continue its upward consumption trend with an anticipated increase in volume and value. The market is forecasted to grow at a CAGR of +1.4% for the period 2023-2030, reaching 576M units and $60.8B in value by 2030.
84
Discover the top countries importing wooden office furniture and their import values. Explore the trends in the global market for wooden office furniture.
1428
China dominates in the global office metal furniture trade. In 2014, China's exports amounted to X thousand tons or X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total metal fur
211
Explore the top import markets for metal domestic furniture based on Import Value data from IndexBox. Discover the countries with the highest import values and key statistics in the metal furniture industry.
357
Global trade volume of metal household furniture soared to $33B, reaching the highest level ever. The U.S. remains the key importer of metal furniture worldwide, accounting for 32% of total supplies in 2020.
721
In 2016, approx. X tons of metal furniture were imported worldwide- rising by X% against the previous year figure. In general, metal furniture imports continue to indicate a relatively flat trend ...
1297
The global trade in metal complete and assembled domestic furniture amounted to X million USD in 2015, fluctuating mildly over the period under review. Following a X% drop in 2009, exports showed robust growth for the next four years, until they
73
Global wooden office furniture market is projected to continue its upward consumption trend with an anticipated increase in volume and value. The market is forecasted to grow at a CAGR of +1.4% for the period 2023-2030, reaching 576M units and $60.8B in value by 2030.
84
Discover the top countries importing wooden office furniture and their import values. Explore the trends in the global market for wooden office furniture.
1428
China dominates in the global office metal furniture trade. In 2014, China's exports amounted to X thousand tons or X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total metal fur
