Myanmar - 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 Myanmar - 2022
Contents:
- Wooden Kitchen Furniture Price in Myanmar (CIF) - 2022
- Wooden Kitchen Furniture Price in Myanmar (FOB) - 2022
- Wooden Kitchen Furniture Imports in Myanmar
- Wooden Kitchen Furniture Exports in Myanmar
Wooden Kitchen Furniture Price in Myanmar (CIF) - 2022
In 2022, the average wooden kitchen furniture import price amounted to $17 per unit, declining by -15.4% against the previous year. In general, the import price, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2018 an increase of 127% against the previous year. The import price peaked at $50 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($89 per unit), while the price for China ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Kitchen Furniture Price in Myanmar (FOB) - 2022
In 2022, the average wooden kitchen furniture export price amounted to $8.3 per unit, with a decrease of -67.8% against the previous year. Over the period under review, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices hit record highs at $71 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +40.9% per year.
Wooden Kitchen Furniture Imports in Myanmar
In 2022, purchases abroad of wooden furniture for kitchens decreased by -60.2% to 11K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of 37K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, wooden kitchen furniture imports shrank markedly to $187K in 2022. In general, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 101% against the previous year. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Wooden Kitchen Furniture in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 546 | 565 | 447 | 131 | -37.9% |
| Malaysia | 262 | 168 | 60.6 | 25.5 | -54.0% |
| Vietnam | 69.7 | 1,062 | 38.5 | 21.0 | -33.0% |
| Spain | N/A | 0.1 | 0.1 | 8.6 | 827.4% |
| Thailand | 2.3 | 24.2 | 7.4 | 0.8 | -29.7% |
| Others | 32.3 | 10.5 | 0.3 | 0.2 | -81.6% |
| Total | 912 | 1,829 | 554 | 187 | -41.0% |
Top Suppliers of Wooden Kitchen Furniture to Myanmar in 2022:
- China (10.5K units)
- Malaysia (0.3K units)
- Vietnam (0.2K units)
- Spain (0.2K units)
- Thailand (0.1K units)
Wooden Kitchen Furniture Exports in Myanmar
For the fourth consecutive year, Myanmar recorded growth in overseas shipments of wooden furniture for kitchens, which increased by 15% to 2.3K units in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 142%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, wooden kitchen furniture exports reduced sharply to $19K in 2022. Overall, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. The exports peaked at $52K in 2021, and then contracted dramatically in the following year.
| Export of Wooden Kitchen Furniture in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 19.2 | 0% |
| Thailand | N/A | N/A | 22.5 | N/A | 0% |
| China | N/A | 3.8 | 20.5 | N/A | 439.5% |
| Malaysia | N/A | N/A | 6.0 | N/A | 0% |
| United States | 4.8 | 36.6 | N/A | N/A | 662.5% |
| Turkey | 4.9 | N/A | 2.1 | N/A | -34.5% |
| Brazil | 1.4 | N/A | N/A | N/A | 0% |
| Others | 18.3 | 0.3 | 1.0 | N/A | -76.6% |
| Total | 29.5 | 40.7 | 52.0 | 19.2 | -13.3% |
Top Export Markets for Wooden Kitchen Furniture from Myanmar in 2022:
- Japan (2.3K units)
This report provides an in-depth analysis of the wooden kitchen furniture market in Myanmar. 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:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- 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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