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

U.S. - Polishes And Creams For Wooden Furniture And Floors - Market Analysis, Forecast, Size, Trends And Insights

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Wooden Furniture Treatments Price in the United States - 2023

Contents:

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

Wooden Furniture Treatments Price in the United States (FOB) - 2023

The average wooden furniture treatments export price stood at $4,451 per ton in September 2023, growing by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. The pace of growth appeared the most rapid in March 2023 an increase of 31% against the previous month. Over the period under review, the average export prices hit record highs at $4,715 per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($10,591 per ton), while the average price for exports to the Philippines ($2,767 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 Jamaica (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Price in the United States (CIF) - 2022

In 2022, the average wooden furniture treatments import price amounted to $3,467 per ton, with a decrease of -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. The import price peaked at $3,639 per ton in 2021, and then dropped slightly 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 the UK ($13,991 per ton), while the price for China ($1,118 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Furniture Treatments Exports in the United States

For the fourth year in a row, the United States recorded growth in overseas shipments of polishes and creams for wooden furniture and floors, which increased by 4.5% to 4.6K tons in 2022. The total export volume increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 20%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, wooden furniture treatments exports rose slightly to $16M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 4%.

Export of Wooden Furniture Treatments in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada6.76.17.16.4-1.5%
Mexico1.21.00.31.57.7%
Australia1.41.21.01.3-2.4%
China1.11.81.61.35.7%
Japan0.70.40.40.6-5.0%
United Kingdom0.30.60.60.626.0%
Philippines0.20.1N/A0.314.5%
Chile0.60.30.40.3-20.6%
South Korea1.00.70.50.3-33.1%
Germany0.20.20.40.20.0%
Others2.72.53.13.03.6%
Total16.114.815.415.7-0.8%

Top Export Markets for Wooden Furniture Treatments from the United States in 2022:

  1. Canada (2141.6 tons)
  2. Mexico (549.1 tons)
  3. Australia (427.2 tons)
  4. China (213.3 tons)
  5. United Kingdom (121.5 tons)
  6. Chile (112.0 tons)
  7. Germany (94.6 tons)
  8. Japan (87.0 tons)
  9. Philippines (86.3 tons)
  10. South Korea (50.4 tons)

Wooden Furniture Treatments Imports in the United States

In 2022, overseas purchases of polishes and creams for wooden furniture and floors were finally on the rise to reach 1.9K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, wooden furniture treatments imports rose notably to $6.7M in 2022. In general, imports, however, saw a relatively flat trend pattern.

Import of Wooden Furniture Treatments in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1,8211,6711,4002,79015.3%
Denmark7477439859167.0%
United Kingdom934921885821-4.2%
China1,4671,193789555-27.7%
Netherlands23754049451629.6%
Turkey22.322.4212404162.6%
Mexico960801776323-30.4%
Others564321763416-9.6%
Total6,7516,2136,3056,742-0.0%

Top Suppliers of Wooden Furniture Treatments to the United States in 2022:

  1. Canada (784.6 tons)
  2. China (497.0 tons)
  3. Turkey (250.8 tons)
  4. Denmark (104.8 tons)
  5. Mexico (89.3 tons)
  6. United Kingdom (58.7 tons)
  7. Netherlands (54.0 tons)

Source: IndexBox Market Intelligence Platform

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

  • United States

Data coverage:

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