China - 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 China - 2023
Contents:
- Wooden Kitchen Furniture Price in China (FOB) - 2023
- Wooden Kitchen Furniture Price in China (CIF) - 2023
- Wooden Kitchen Furniture Exports in China
- Wooden Kitchen Furniture Imports in China
Wooden Kitchen Furniture Price in China (FOB) - 2023
In August 2023, the average wooden kitchen furniture export price amounted to $47.3 per unit, remaining stable against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 29% month-to-month. As a result, the export price reached the peak level of $55.9 per unit. From February 2023 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($104 per unit), while the average price for exports to Saudi Arabia ($5.9 per unit) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Kitchen Furniture Price in China (CIF) - 2023
In September 2023, the average wooden kitchen furniture import price amounted to $232 per unit, jumping by 25% against the previous month. Over the period under review, import price indicated a measured increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, wooden kitchen furniture import price increased by +2.6% against June 2023 indices. The growth pace was the most rapid in June 2023 when the average import price increased by 101% m-o-m. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($961 per unit), while the price for Germany stood at $168 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.4%).
Wooden Kitchen Furniture Exports in China
In 2022, wooden kitchen furniture exports from China fell modestly to 20M units, shrinking by -3.1% compared with the previous year's figure. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 2.1%. Over the period under review, the exports attained the maximum at 27M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wooden kitchen furniture exports reduced slightly to $885M in 2022. Overall, exports showed a deep setback. The growth pace was the most rapid in 2021 when exports increased by 8%. Over the period under review, the exports attained the maximum at $1.4B in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Wooden Kitchen Furniture in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 823 | 189 | 197 | 234 | -34.2% |
| Malaysia | 106 | 273 | 267 | 182 | 19.7% |
| Australia | 84.7 | 86.4 | 84.5 | 91.1 | 2.5% |
| Canada | 39.7 | 33.3 | 47.5 | 48.8 | 7.1% |
| Thailand | 4.0 | 8.2 | 8.2 | 32.5 | 101.0% |
| Germany | 22.3 | 23.0 | 27.8 | 22.3 | 0.0% |
| Japan | 30.4 | 25.7 | 26.0 | 22.0 | -10.2% |
| Indonesia | 11.8 | 26.1 | 28.1 | 17.0 | 12.9% |
| Philippines | 10.3 | 17.4 | 18.6 | 16.9 | 17.9% |
| New Zealand | 7.9 | 9.4 | 11.2 | 11.5 | 13.3% |
| Others | 232 | 171 | 216 | 208 | -3.6% |
| Total | 1,371 | 862 | 931 | 885 | -13.6% |
Top Export Markets for Wooden Kitchen Furniture from China in 2022:
- United States (5.2M units)
- Malaysia (3.0M units)
- Australia (2.9M units)
- Indonesia (2.3M units)
- Canada (1.0M units)
- Philippines (0.8M units)
- Thailand (0.6M units)
- Japan (0.4M units)
- Germany (0.3M units)
- New Zealand (0.3M units)
Wooden Kitchen Furniture Imports in China
In 2022, after three years of growth, there was significant decline in supplies from abroad of wooden furniture for kitchens, when their volume decreased by -24.6% to 976K units. In general, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. Imports peaked at 1.3M units in 2021, and then fell dramatically in the following year.
In value terms, wooden kitchen furniture imports dropped dramatically to $135M in 2022. Overall, imports saw a slight slump. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of $174M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Wooden Kitchen Furniture in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 95.4 | 131 | 126 | 89.2 | -2.2% |
| Italy | 37.0 | 34.6 | 38.4 | 39.1 | 1.9% |
| Others | 9.0 | 7.9 | 7.1 | 6.8 | -8.9% |
| Total | 141 | 174 | 171 | 135 | -1.4% |
Top Suppliers of Wooden Kitchen Furniture to China in 2022:
- Germany (837.4K units)
- Italy (79.7K units)
This report provides an in-depth analysis of the wooden kitchen furniture 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 31021000 - Kitchen furniture
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:
- 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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90
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