Australia - Wooden Furniture Of A Kind Used In The Kitchen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWooden Kitchen Furniture Price in Australia - 2023
Contents:
- Wooden Kitchen Furniture Price in Australia (CIF) - 2023
- Wooden Kitchen Furniture Price in Australia (FOB) - 2022
- Wooden Kitchen Furniture Imports in Australia
- Wooden Kitchen Furniture Exports in Australia
Wooden Kitchen Furniture Price in Australia (CIF) - 2023
The average wooden kitchen furniture import price stood at $54.8 per unit in August 2023, reducing by -2.4% against the previous month. Over the period under review, the import price recorded a slight decrease. The growth pace was the most rapid in November 2022 when the average import price increased by 80% m-o-m. Over the period under review, average import prices attained the maximum at $77.0 per unit in September 2022; however, from October 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($81.9 per unit), while the price for China amounted to $48.2 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (-1.7%).
Wooden Kitchen Furniture Price in Australia (FOB) - 2022
The average wooden kitchen furniture export price stood at $57 per unit in 2022, falling by -1.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 26%. Over the period under review, the average export prices hit record highs at $69 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($59 per unit), while the average price for exports to the Netherlands ($21 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Christmas Island (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Kitchen Furniture Imports in Australia
After two years of decline, purchases abroad of wooden furniture for kitchens increased by 14% to 1.5M units in 2022. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wooden kitchen furniture imports rose notably to $85M in 2022. Overall, imports, however, recorded a pronounced setback. Imports peaked at $94M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Wooden Kitchen Furniture in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 80.6 | 74.0 | 69.5 | 73.7 | -2.9% |
Italy | 5.6 | 4.0 | 4.0 | 3.7 | -12.9% |
Others | 8.1 | 6.3 | 7.3 | 7.6 | -2.1% |
Total | 94.3 | 84.3 | 80.7 | 85.0 | -3.4% |
Top Suppliers of Wooden Kitchen Furniture to Australia in 2022:
- China (1434.6K units)
- Italy (21.8K units)
Wooden Kitchen Furniture Exports in Australia
In 2022, shipments abroad of wooden furniture for kitchens was finally on the rise to reach 32K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the maximum at 41K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, wooden kitchen furniture exports surged to $1.8M in 2022. Over the period under review, exports, however, saw a perceptible decline. Over the period under review, the exports attained the maximum at $2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Wooden Kitchen Furniture in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 711 | 494 | 445 | 1,040 | 13.5% |
New Zealand | 133 | 129 | 85.7 | 261 | 25.2% |
Papua New Guinea | 403 | 158 | 42.7 | 171 | -24.9% |
United Arab Emirates | 7.2 | 0.8 | 4.8 | 114 | 151.1% |
Christmas Island | 3.9 | 56.2 | 64.1 | 55.9 | 142.9% |
Nauru | 7.0 | 1.5 | 0.3 | 41.9 | 81.6% |
Netherlands | N/A | 0.4 | N/A | 24.9 | 689.0% |
Japan | 44.8 | 47.3 | 10.0 | 3.1 | -58.9% |
China | 345 | 166 | 5.7 | N/A | -87.1% |
Germany | 59.9 | 17.0 | 40.6 | N/A | -17.7% |
Philippines | 86.8 | 1.2 | 2.7 | N/A | -82.4% |
Others | 153 | 51.9 | 91.5 | 110 | -10.4% |
Total | 1,954 | 1,123 | 793 | 1,822 | -2.3% |
Top Export Markets for Wooden Kitchen Furniture from Australia in 2022:
- United States (17.5K units)
- New Zealand (4.4K units)
- Papua New Guinea (2.9K units)
- United Arab Emirates (1.9K units)
- Netherlands (1.2K units)
- Christmas Island (0.9K units)
- Nauru (0.7K units)
- Japan (0.1K units)
This report provides an in-depth analysis of the wooden kitchen furniture 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 31021000 - Kitchen furniture
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:
- 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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During the review period, imports of Wooden Kitchen Furniture peaked at 191K units in October 2023. However, from November to December 2023, imports stayed at a lower level. In terms of value, wooden kitchen furniture imports saw a significant increase, reaching $8.6M in December 2023.
During the period being analyzed, the imports of Wooden Kitchen Furniture reached their highest point in October 2023, with 191,000 units, but experienced a significant decline in the following month. In terms of value, the imports of wooden kitchen furniture decreased to $7.7 million in November 2023.
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