Wooden Furniture Treatments Market
Wooden furniture treatments market: discover new information enhanced by an Ai-driven market intelligence platform. Facts and figures contain market prices, trade, consumption, companies, exports, production, market size, and imports. There is a breakdown by country, including the Middle East, China, Russia, the U.K., EU, Latin America, the U.S., and Africa. Market insights and forecast to 2030 are also featured in the snapshots.
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Wooden Furniture Treatments - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Japan |
3 | United States |
4 | India |
5 | Indonesia |
In value terms, the largest wooden furniture treatments markets worldwide were China, Japan and the United States, together accounting for 43% of the global market. India, Indonesia, Russia, Mexico, the UK, South Korea, Brazil, France, Italy and Turkey lagged somewhat behind, together comprising a further 30%.
Italy recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while wooden furniture treatments market for the other global leaders experienced more modest paces of growth.
Wooden Furniture Treatments Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Hungary | 929 | 977 | 898 | -1.7% |
China | 3082 | 1955 | 1303 | -35.0% |
Netherlands | 1756 | 1316 | 1333 | -12.9% |
Italy | 1111 | 1454 | 1625 | 20.9% |
Portugal | 3046 | 2547 | 2431 | -10.7% |
South Africa | 2964 | 2611 | 2448 | -9.1% |
United States | 3805 | 3335 | 3344 | -6.3% |
Germany | 4441 | 4154 | 4365 | -0.9% |
Average | 2575 | 2313 | 2084 | -10.0% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($4,365 per ton), while Hungary ($898 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Netherlands | 2978 | 3460 | 3821 | 13.3% |
United States | 3626 | 3514 | 3319 | -4.3% |
Germany | 2945 | 2695 | 2982 | 0.6% |
Canada | 3696 | 3583 | 2978 | -10.2% |
Belgium | 2086 | 2236 | 2358 | 6.3% |
Portugal | 2492 | 2568 | 2324 | -3.4% |
Switzerland | 2312 | 2170 | 2117 | -4.3% |
United Kingdom | 2033 | 2351 | 1838 | -4.9% |
Spain | 2193 | 2053 | 1769 | -10.2% |
Poland | 3127 | 1685 | 1593 | -28.6% |
Italy | 2261 | 1447 | 1398 | -21.4% |
Romania | 1742 | 1315 | 1289 | -14.0% |
France | 763 | 915 | 868 | 6.7% |
Average | 2549 | 2432 | 2327 | -4.4% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Netherlands ($3,821 per ton), while France ($868 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Wooden Furniture Treatments - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
United Kingdom | 6 | 7.4 | 10 | 29.5% |
Germany | 8.1 | 7.5 | 9.4 | 7.6% |
Poland | 5.9 | 5.4 | 7.1 | 9.8% |
United States | 8.5 | 6.8 | 6.6 | -11.9% |
Netherlands | 6.2 | 4.3 | 6.3 | 1.3% |
In value terms, the UK ($10M), Germany ($9.4M) and Poland ($7.1M) appeared to be the countries with the highest levels of imports in 2020, together comprising 17% of global imports.
In terms of the main importing countries, the UK recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Wooden Furniture Treatments - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Italy | 12 | 13 | 55 | 114.8% |
Netherlands | 17 | 19 | 27 | 26.5% |
United States | 17 | 16 | 15 | -5.5% |
China | 9.7 | 13 | 13 | 15.1% |
Germany | 11 | 11 | 12 | 4.9% |
In value terms, Italy ($55M) emerged as the largest wooden furniture treatments supplier worldwide, comprising 27% of global exports. The second position in the ranking was occupied by the Netherlands ($27M), with a 13% share of global exports. It was followed by the United States, with a 7.2% share.
From 2018 to 2020, the average annual growth rate of value in Italy stood at +114.8%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+26.5% per year) and the United States (-5.5% per year).
Wooden Furniture Treatments - Market Forecast
Driven by rising demand for wooden furniture treatments worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Wooden Furniture Treatments - Product Coverage
- HS 340520 - Polishes, creams and similar preparations; for the maintenance of wooden furniture, floors or other woodwork, excluding waxes of heading no. 3404
This report provides an in-depth analysis of the global wooden furniture treatments market.
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