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

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

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Wooden Office Furniture Price in Bulgaria - 2023

Contents:

  1. Wooden Office Furniture Price in Bulgaria (FOB) - 2023
  2. Wooden Office Furniture Price in Bulgaria (CIF) - 2023
  3. Wooden Office Furniture Exports in Bulgaria
  4. Wooden Office Furniture Imports in Bulgaria

Wooden Office Furniture Price in Bulgaria (FOB) - 2023

The average wooden office furniture export price stood at $120 per unit in June 2023, with an increase of 34% against the previous month. Overall, export price indicated a resilient increase from June 2022 to June 2023: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, wooden office furniture export price increased by +34.3% against May 2023 indices. The pace of growth was the most pronounced in March 2023 when the average export price increased by 50% month-to-month. The export price peaked in June 2023.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Germany ($167 per unit), while the average price for exports to Hungary ($21.8 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Office Furniture Price in Bulgaria (CIF) - 2023

The average wooden office furniture import price stood at $40.1 per unit in June 2023, with a decrease of -20.3% against the previous month. Overall, the import price saw a slight reduction. The pace of growth was the most pronounced in April 2023 an increase of 31% against the previous month. The import price peaked at $58.1 per unit in September 2022; however, from October 2022 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($312 per unit), while the price for Ukraine ($21.3 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Office Furniture Exports in Bulgaria

In 2022, approx. 148K units of wooden furniture of a kind used in offices were exported from Bulgaria; which is down by -13.8% on 2021. In general, exports saw a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of 18%. As a result, the exports attained the peak of 172K units, and then fell in the following year.

In value terms, wooden office furniture exports rose markedly to $11M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Wooden Office Furniture in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.22.02.53.137.2%
France1.11.62.41.715.6%
United Kingdom2.40.40.71.6-12.6%
Netherlands0.90.91.31.313.0%
Romania0.31.01.00.838.7%
Greece0.50.60.80.66.3%
United States0.30.20.20.30.0%
Others0.70.61.01.528.9%
Total7.47.39.810.813.4%

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

  1. Germany (42.9K units)
  2. France (23.5K units)
  3. United Kingdom (21.8K units)
  4. Netherlands (17.5K units)
  5. Romania (10.9K units)
  6. Greece (8.2K units)
  7. United States (3.5K units)

Wooden Office Furniture Imports in Bulgaria

In 2022, approx. 145K units of wooden furniture of a kind used in offices were imported into Bulgaria; with an increase of 43% against the year before. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wooden office furniture imports rose significantly to $7.5M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Wooden Office Furniture in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,1721,5081,7151,4848.2%
Lithuania1,1906458981,161-0.8%
Italy50158131390321.7%
China25132926767939.3%
Turkey736772931637-4.7%
Romania30.125.6126491153.6%
Ukraine18335752542932.8%
Germany850238737348-25.7%
Austria15011.123.034331.7%
United Kingdom20.86.01.6311146.4%
France274431252142-19.7%
Spain227177148107-22.2%
Sweden26777.938940.9-46.5%
Others26533261438713.5%
Total6,1175,4916,9407,4626.8%

Top Suppliers of Wooden Office Furniture to Bulgaria in 2022:

  1. Lithuania (41.3K units)
  2. Poland (22.5K units)
  3. Italy (13.7K units)
  4. United Kingdom (11.1K units)
  5. China (10.3K units)
  6. Turkey (9.7K units)
  7. Romania (7.4K units)
  8. Ukraine (6.6K units)
  9. Germany (5.3K units)
  10. Austria (5.2K units)
  11. France (2.2K units)
  12. Spain (1.6K units)
  13. Sweden (0.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wooden office furniture market in Bulgaria. 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:

  • Bulgaria

Data coverage:

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