South Africa - Polishes And Creams For Wooden Furniture And Floors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWooden Furniture Treatments Price in South Africa - 2023
Contents:
- Wooden Furniture Treatments Price in South Africa (FOB) - 2023
- Wooden Furniture Treatments Price in South Africa (CIF) - 2022
- Wooden Furniture Treatments Exports in South Africa
- Wooden Furniture Treatments Imports in South Africa
Wooden Furniture Treatments Price in South Africa (FOB) - 2023
In July 2023, the average wooden furniture treatments export price amounted to $3,576 per ton, surging by 23% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $3,998 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Mozambique ($5,773 per ton), while the average price for exports to Namibia ($2,976 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Furniture Treatments Price in South Africa (CIF) - 2022
In 2022, the average wooden furniture treatments import price amounted to $3,149 per ton, reducing by -29.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 137%. The import price peaked at $4,917 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Denmark ($19,308 per ton), while the price for China ($464 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Furniture Treatments Exports in South Africa
For the third consecutive year, South Africa recorded decline in overseas shipments of polishes and creams for wooden furniture and floors, which decreased by -0.2% to 2.9K tons in 2022. Over the period under review, exports recorded a deep setback.
In value terms, wooden furniture treatments exports amounted to $9M in 2022. Overall, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 21%.
Export of Wooden Furniture Treatments in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 5.6 | 3.8 | 4.7 | 5.1 | -3.1% |
Zimbabwe | 0.7 | 0.9 | 1.3 | 1.0 | 12.6% |
Lesotho | 0.3 | 0.4 | 0.3 | 0.8 | 38.7% |
Botswana | 1.0 | 0.7 | 0.6 | 0.7 | -11.2% |
Mozambique | 0.6 | 0.5 | 0.6 | 0.4 | -12.6% |
Namibia | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
Swaziland | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Others | 0.9 | 0.6 | 0.7 | 0.5 | -17.8% |
Total | 9.6 | 7.3 | 8.9 | 9.0 | -2.1% |
Top Export Markets for Wooden Furniture Treatments from South Africa in 2022:
- Zambia (1692.9 tons)
- Zimbabwe (391.8 tons)
- Lesotho (222.9 tons)
- Botswana (186.1 tons)
- Mozambique (141.1 tons)
- Namibia (70.2 tons)
- Swaziland (52.5 tons)
Wooden Furniture Treatments Imports in South Africa
In 2022, the amount of polishes and creams for wooden furniture and floors imported into South Africa soared to 98 tons, with an increase of 24% against 2021 figures. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. As a result, imports reached the peak of 207 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wooden furniture treatments imports fell to $308K in 2022. Over the period under review, imports, however, faced a deep downturn. The smallest decline of -9.8% was in 2021.
Import of Wooden Furniture Treatments in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 95.2 | 77.0 | 19.9 | 87.1 | -2.9% |
Turkey | 60.2 | 49.7 | 35.4 | 71.6 | 6.0% |
Denmark | 50.3 | 37.2 | 95.5 | 63.8 | 8.2% |
Germany | 69.5 | 67.4 | 60.9 | 35.5 | -20.1% |
United Kingdom | 37.3 | 34.0 | 41.7 | 6.9 | -43.0% |
China | 1.3 | 10.3 | 2.3 | 5.1 | 57.7% |
Zambia | 57.3 | N/A | N/A | N/A | 0% |
Others | 95.9 | 112 | 94.0 | 37.6 | -26.8% |
Total | 467 | 388 | 350 | 308 | -13.0% |
Top Suppliers of Wooden Furniture Treatments to South Africa in 2022:
- Turkey (52.1 tons)
- United States (20.3 tons)
- China (10.9 tons)
- Germany (4.5 tons)
- Denmark (3.3 tons)
- United Kingdom (2.1 tons)
This report provides an in-depth analysis of the wooden furniture treatments market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...