Australia - Polishes And Creams For Wooden Furniture And Floors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Polishes And Creams For Wooden Furniture And Floors - Market Analysis, Forecast, Size, Trends And Insights

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Wooden Furniture Treatments Price in Australia - 2023

Contents:

  1. Wooden Furniture Treatments Price in Australia (CIF) - 2022
  2. Wooden Furniture Treatments Price in Australia (FOB) - 2022
  3. Wooden Furniture Treatments Imports in Australia
  4. Wooden Furniture Treatments Exports in Australia

Wooden Furniture Treatments Price in Australia (CIF) - 2022

In 2022, the average wooden furniture treatments import price amounted to $5,341 per ton, rising by 9.9% against the previous year. In general, the import price showed a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of 72% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($17,327 per ton), while the price for Taiwan (Chinese) ($1,804 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Furniture Treatments Price in Australia (FOB) - 2022

In 2022, the average wooden furniture treatments export price amounted to $6,535 per ton, picking up by 2% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 127% against the previous year. The export price peaked at $9,568 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($34,163 per ton), while the average price for exports to New Zealand ($3,450 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports in Australia

In 2022, after three years of growth, there was decline in purchases abroad of polishes and creams for wooden furniture and floors, when their volume decreased by -1.3% to 524 tons. The total import volume increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 28%.

In value terms, wooden furniture treatments imports rose notably to $2.8M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 23%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Wooden Furniture Treatments in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7821,1071,1871,25717.1%
United Kingdom28833956051221.1%
China19916717826510.0%
Denmark13517620625022.8%
Netherlands14039.515419010.7%
New Zealand2.7N/A3.3114248.2%
Taiwan (Chinese)N/A16.348.821.615.1%
Others202250240186-2.7%
Total1,7492,0952,5782,79716.9%

Top Suppliers of Wooden Furniture Treatments to Australia in 2022:

  1. United States (326.2 tons)
  2. China (87.1 tons)
  3. United Kingdom (29.6 tons)
  4. Denmark (20.7 tons)
  5. Netherlands (17.3 tons)
  6. New Zealand (12.7 tons)
  7. Taiwan (Chinese) (12.0 tons)

Wooden Furniture Treatments Exports in Australia

In 2022, the amount of polishes and creams for wooden furniture and floors exported from Australia shrank to 85 tons, which is down by -8.6% against the previous year. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 243%. As a result, the exports attained the peak of 93 tons, and then fell in the following year.

In value terms, wooden furniture treatments exports fell to $557K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 130%. As a result, the exports attained the peak of $597K, and then contracted in the following year.

Export of Wooden Furniture Treatments in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China50.758.821425471.1%
New Zealand48.046.910692.124.3%
United States76.596.613069.0-3.4%
NetherlandsN/AN/A69.867.6-3.2%
SingaporeN/A0.4N/A32.0794.4%
Fiji13.02.74.819.314.1%
Papua New Guinea3.13.88.28.640.5%
VietnamN/AN/A40.40.6-98.5%
Others36.250.523.713.2-28.6%
Total22826059755734.7%

Top Export Markets for Wooden Furniture Treatments from Australia in 2022:

  1. China (43.2 tons)
  2. New Zealand (26.7 tons)
  3. Singapore (4.7 tons)
  4. Fiji (3.3 tons)
  5. Netherlands (2.1 tons)
  6. United States (2.0 tons)
  7. Papua New Guinea (1.3 tons)
  8. Vietnam (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden furniture treatments market in Australia. 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 20414350 - Polishes, creams and similar preparations, for the maintenance of wooden furniture, floors or other woodwork (excluding artificial and prepared waxes)

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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