India - Wooden Furniture Of A Kind Used In Offices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWooden Office Furniture Price in India - 2023
Contents:
- Wooden Office Furniture Price in India (FOB) - 2023
- Wooden Office Furniture Price in India (CIF) - 2022
- Wooden Office Furniture Exports in India
- Wooden Office Furniture Imports in India
Wooden Office Furniture Price in India (FOB) - 2023
The average wooden office furniture export price stood at $63.1 per unit in June 2023, rising by 3.5% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 8.1% month-to-month. Over the period under review, the average export prices hit record highs at $67.8 per unit in November 2022; however, from December 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($92.4 per unit), while the average price for exports to Saudi Arabia ($44.9 per unit) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Office Furniture Price in India (CIF) - 2022
In 2022, the average wooden office furniture import price amounted to $67 per unit, surging by 12% against the previous year. In general, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 15% against the previous year. As a result, import price attained the peak level of $156 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($114 per unit), while the price for Poland ($28 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Wooden Office Furniture Exports in India
In 2022, shipments abroad of wooden furniture of a kind used in offices increased by 53% to 490K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep contraction. Over the period under review, the exports reached the maximum at 895K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, wooden office furniture exports contracted to $58M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. As a result, the exports reached the peak of $61M, and then dropped in the following year.
| Export of Wooden Office Furniture in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.8 | 15.3 | 26.0 | 11.0 | -13.2% |
| France | 1.4 | 2.1 | 4.0 | 9.6 | 90.0% |
| Netherlands | 6.1 | 8.9 | 10.0 | 5.8 | -1.7% |
| United Kingdom | 1.4 | 1.2 | 1.8 | 3.4 | 34.4% |
| Germany | 2.7 | 3.2 | 4.5 | 3.4 | 8.0% |
| United Arab Emirates | 1.4 | 1.1 | 1.2 | 2.8 | 26.0% |
| Oman | 0.9 | 0.4 | 0.2 | 2.6 | 42.4% |
| Saudi Arabia | 0.4 | 0.4 | 0.7 | 1.8 | 65.1% |
| Vietnam | 0.1 | 0.1 | 0.2 | 1.5 | 146.6% |
| South Africa | 0.1 | N/A | 0.1 | 0.7 | 91.3% |
| Hong Kong SAR | N/A | N/A | 0.3 | 0.7 | 133.3% |
| Taiwan (Chinese) | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
| Malawi | 0.3 | 0.1 | N/A | 0.3 | 0.0% |
| Others | 8.0 | 8.4 | 11.7 | 13.6 | 19.3% |
| Total | 39.6 | 41.3 | 60.9 | 57.7 | 13.4% |
Top Export Markets for Wooden Office Furniture from India in 2022:
- France (55.3K units)
- United States (54.6K units)
- United Arab Emirates (53.2K units)
- Netherlands (28.6K units)
- Oman (25.4K units)
- Vietnam (22.2K units)
- United Kingdom (17.1K units)
- Germany (17.1K units)
- Hong Kong SAR (16.6K units)
- Malawi (16.2K units)
- Saudi Arabia (13.3K units)
- South Africa (13.1K units)
- Taiwan (Chinese) (11.7K units)
Wooden Office Furniture Imports in India
For the third consecutive year, India recorded decline in overseas purchases of wooden furniture of a kind used in offices, which decreased by -22% to 453K units in 2022. Overall, imports saw a deep setback. The smallest decline of -8.7% was in 2020. Over the period under review, imports attained the peak figure at 765K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, wooden office furniture imports contracted to $30M in 2022. Over the period under review, imports recorded a deep downturn. The smallest decline of -12% was in 2021. Over the period under review, imports attained the peak figure at $56M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Wooden Office Furniture in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.3 | 16.4 | 13.0 | 11.8 | -19.1% |
| Malaysia | 11.7 | 8.6 | 8.4 | 8.5 | -10.1% |
| Singapore | 4.3 | 0.8 | 1.9 | 2.1 | -21.3% |
| Sri Lanka | 1.6 | 1.3 | 1.7 | 1.8 | 4.0% |
| Finland | 0.7 | 1.0 | 1.2 | 1.1 | 16.3% |
| Italy | 2.1 | 3.3 | 2.6 | 0.7 | -30.7% |
| United Kingdom | 2.3 | 0.5 | 0.4 | 0.4 | -44.2% |
| United States | 1.0 | 0.7 | 0.8 | 0.3 | -33.1% |
| Estonia | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Poland | N/A | 0.3 | 0.3 | 0.2 | -18.4% |
| Hong Kong SAR | 3.0 | 2.8 | 0.5 | 0.1 | -67.8% |
| Others | 6.7 | 3.5 | 3.8 | 2.7 | -26.1% |
| Total | 55.8 | 39.2 | 34.5 | 30.1 | -18.6% |
Top Suppliers of Wooden Office Furniture to India in 2022:
- Malaysia (163.6K units)
- China (109.8K units)
- Sri Lanka (43.2K units)
- Finland (23.0K units)
- Singapore (18.0K units)
- Italy (16.6K units)
- United States (7.8K units)
- Poland (7.4K units)
- United Kingdom (7.4K units)
- Estonia (6.9K units)
- Hong Kong SAR (2.7K units)
This report provides an in-depth analysis of the wooden office furniture market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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