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

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

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Wooden Furniture Treatments Price in China - 2023

Contents:

  1. Wooden Furniture Treatments Price in China (CIF) - 2022
  2. Wooden Furniture Treatments Price in China (FOB) - 2023
  3. Wooden Furniture Treatments Imports in China
  4. Wooden Furniture Treatments Exports in China

Wooden Furniture Treatments Price in China (CIF) - 2022

The average wooden furniture treatments import price stood at $7,114 per ton in 2022, declining by -3.6% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. The import price peaked at $7,378 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($13,998 per ton), while the price for South Korea ($1,094 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Furniture Treatments Price in China (FOB) - 2023

In September 2023, the average wooden furniture treatments export price amounted to $2,149 per ton, surging by 36% against the previous month. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 276% against the previous month. As a result, the export price attained the peak level of $19,655 per ton. From March 2023 to September 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Vietnam ($5,748 per ton), while the average price for exports to the United States ($1,053 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports in China

Wooden furniture treatments imports into China fell to 1.4K tons in 2022, reducing by -7.6% compared with the previous year. Over the period under review, imports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year.

In value terms, wooden furniture treatments imports contracted to $9.9M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $11M, and then shrank in the following year.

Import of Wooden Furniture Treatments in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,2182,8304,1114,1148.5%
Denmark2,6132,7293,2482,362-3.3%
United States2,4591,5611,1101,414-16.8%
Belgium495518570381-8.4%
Thailand70.311024133468.1%
India5.7269227296273.1%
Australia13613626018711.2%
Japan291262278175-15.6%
United Kingdom96.938.933514815.2%
Turkey5.560.055.870.5134.0%
Sweden17797.326436.0-41.2%
Others434656381359-6.1%
Total10,0029,26911,0829,876-0.4%

Top Suppliers of Wooden Furniture Treatments to China in 2022:

  1. Germany (632.5 tons)
  2. Denmark (275.2 tons)
  3. United States (188.0 tons)
  4. Belgium (54.7 tons)
  5. Thailand (43.9 tons)
  6. Turkey (29.2 tons)
  7. Australia (25.8 tons)
  8. India (21.2 tons)
  9. United Kingdom (20.9 tons)
  10. Japan (20.5 tons)
  11. Sweden (8.0 tons)

Wooden Furniture Treatments Exports in China

For the third year in a row, China recorded decline in shipments abroad of polishes and creams for wooden furniture and floors, which decreased by -21.4% to 2.3K tons in 2022. In general, exports continue to indicate a precipitous decline.

In value terms, wooden furniture treatments exports shrank to $7.2M in 2022. Overall, exports recorded a drastic downturn. The smallest decline of -3.1% was in 2020.

Export of Wooden Furniture Treatments in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam8282,0921,5291,35717.9%
United Arab Emirates68.6389153944139.6%
United States2,8621,807907639-39.3%
Philippines1,219705450597-21.2%
Australia366251244258-11.0%
Chile451346627196-24.3%
New Zealand33912797.4193-17.1%
Pakistan247178246177-10.5%
Thailand1,418226176162-51.5%
Saudi Arabia29.2N/A46.812964.1%
Canada21712011194.0-24.3%
South Korea94.010.852.469.7-9.5%
Iran357N/AN/A62.6-44.0%
Others4,7046,5403,1002,301-21.2%
Total13,20012,7927,7407,182-18.4%

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

  1. United Arab Emirates (462.4 tons)
  2. United States (381.4 tons)
  3. Vietnam (287.4 tons)
  4. Philippines (189.9 tons)
  5. Chile (113.3 tons)
  6. Pakistan (88.0 tons)
  7. Australia (81.6 tons)
  8. Iran (79.8 tons)
  9. Canada (68.4 tons)
  10. New Zealand (61.1 tons)
  11. Saudi Arabia (60.8 tons)
  12. South Korea (45.5 tons)
  13. Thailand (43.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden furniture treatments market in China. 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:

Data coverage:

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