Belarus - Wooden Furniture Of A Kind Used In Offices - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Belarus - Wooden Furniture Of A Kind Used In Offices - Market Analysis, Forecast, Size, Trends and Insights

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Wooden Office Furniture Price in Belarus - 2022

Contents:

  1. Wooden Office Furniture Price in Belarus (FOB) - 2022
  2. Wooden Office Furniture Price in Belarus (CIF) - 2022
  3. Wooden Office Furniture Exports in Belarus
  4. Wooden Office Furniture Imports in Belarus

Wooden Office Furniture Price in Belarus (FOB) - 2022

In March 2022, the average wooden office furniture export price amounted to $34.4 per unit, declining by -14.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in February 2022 an increase of 58% against the previous month. As a result, the export price attained the peak level of $40.3 per unit, and then dropped in the following month.

There were significant differences in the average prices for the major external markets. In March 2022, the country with the highest price was Lithuania ($78.3 per unit), while the average price for exports to Poland ($19.5 per unit) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Office Furniture Price in Belarus (CIF) - 2022

The average wooden office furniture import price stood at $47.7 per unit in March 2022, falling by -5.4% against the previous month. Overall, the import price, however, continues to indicate a slight expansion. The pace of growth was the most pronounced in December 2021 when the average import price increased by 90% m-o-m. As a result, import price reached the peak level of $83.0 per unit. From January 2022 to March 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from China ($46.3 per unit) and Russia ($46.3 per unit), while the price for Italy ($46.3 per unit) and Lithuania ($46.3 per unit) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Sweden (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Office Furniture Exports in Belarus

In 2022, exports of wooden furniture of a kind used in offices from Belarus declined remarkably to 147K units, falling by -26.3% against 2021. Over the period under review, exports continue to indicate a sharp contraction. The smallest decline of -0.7% was in 2021. Over the period under review, the exports hit record highs at 513K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden office furniture exports rose remarkably to $32M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Wooden Office Furniture in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia19.515.123.626.510.8%
Poland0.50.91.21.337.5%
Germany0.70.81.11.219.7%
Kazakhstan0.40.30.60.720.5%
United States0.30.30.10.30.0%
Others1.41.31.92.216.3%
Total22.918.828.432.212.0%

Top Export Markets for Wooden Office Furniture from Belarus in 2022:

  1. Russia (120.8K units)
  2. United States (5.3K units)
  3. Germany (3.7K units)
  4. Kazakhstan (2.9K units)
  5. Poland (2.8K units)

Wooden Office Furniture Imports in Belarus

In 2022, after three years of growth, there was significant decline in overseas purchases of wooden furniture of a kind used in offices, when their volume decreased by -12.2% to 47K units. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 46%. Imports peaked at 53K units in 2021, and then dropped in the following year.

In value terms, wooden office furniture imports amounted to $2.5M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Wooden Office Furniture in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,1661,0731,2951,2743.0%
Italy11519232832341.1%
Lithuania323307284294-3.1%
Poland11818659.8117-0.3%
China38.932.811211141.8%
Ukraine38.053.192.390.733.6%
Germany44.913588.686.524.4%
Spain88.71.763.562.4-11.1%
Others13287.8142127-1.3%
Total2,0642,0682,4662,4856.4%

Top Suppliers of Wooden Office Furniture to Belarus in 2022:

  1. Russia (23.9K units)
  2. Italy (6.1K units)
  3. Lithuania (5.5K units)
  4. Poland (2.2K units)
  5. China (2.1K units)
  6. Ukraine (1.7K units)
  7. Germany (1.6K units)
  8. Spain (1.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden office furniture market in Belarus. 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 31011200 - Wooden furniture of a kind used in offices
  • Prodcom 31021000 - Kitchen furniture

Country coverage:

  • Belarus

Data coverage:

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