Russian Federation - 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 Russia - 2022
Contents:
- Wooden Office Furniture Price in Russia (CIF) - 2022
- Wooden Office Furniture Price in Russia (FOB) - 2022
- Wooden Office Furniture Imports in Russia
- Wooden Office Furniture Exports in Russia
Wooden Office Furniture Price in Russia (CIF) - 2022
The average wooden office furniture import price stood at $76.9 per unit in January 2022, with a decrease of -10.3% against the previous month. Overall, import price indicated a perceptible expansion from January 2021 to January 2022: its price increased at an average monthly rate of +4.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, wooden office furniture import price decreased by -15.5% against November 2021 indices. The growth pace was the most rapid in February 2021 when the average import price increased by 38% m-o-m. Over the period under review, average import prices reached the maximum at $91.1 per unit in November 2021; however, from December 2021 to January 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Italy ($389 per unit), while the price for Poland ($44.1 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Office Furniture Price in Russia (FOB) - 2022
The average wooden office furniture export price stood at $87.7 per unit in January 2022, rising by 8.9% against the previous month. In general, the export price posted a buoyant increase. The growth pace was the most rapid in November 2021 when the average export price increased by 163% m-o-m. As a result, the export price reached the peak level of $151 per unit. From December 2021 to January 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Germany ($170 per unit), while the average price for exports to Estonia ($34.4 per unit) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Office Furniture Imports in Russia
In 2022, approx. 646K units of wooden furniture of a kind used in offices were imported into Russia; with a decrease of -12.2% compared with 2021 figures. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. Over the period under review, imports hit record highs at 940K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, wooden office furniture imports shrank to $46M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of $51M, and then fell in the following year.
| Import of Wooden Office Furniture in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 16.3 | 12.7 | 18.7 | 14.0 | -4.9% |
| Poland | 7.3 | 6.7 | 11.1 | 7.8 | 2.2% |
| Lithuania | 3.4 | 3.4 | 3.9 | 5.8 | 19.5% |
| China | 2.0 | 1.5 | 1.6 | 4.2 | 28.1% |
| Italy | 4.9 | 6.9 | 4.2 | 3.7 | -8.9% |
| Turkey | 0.5 | 0.5 | 0.4 | 1.8 | 53.3% |
| Others | 12.3 | 10.2 | 11.2 | 9.3 | -8.9% |
| Total | 46.7 | 41.9 | 51.1 | 46.5 | -0.1% |
Top Suppliers of Wooden Office Furniture to Russia in 2022:
- Belarus (316.9K units)
- Poland (185.7K units)
- Lithuania (71.2K units)
- China (23.6K units)
- Turkey (14.7K units)
- Italy (9.9K units)
Wooden Office Furniture Exports in Russia
In 2022, approx. 78K units of wooden furniture of a kind used in offices were exported from Russia; which is down by -16% on the previous year's figure. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 56% against the previous year. As a result, the exports attained the peak of 92K units, and then shrank markedly in the following year.
In value terms, wooden office furniture exports dropped to $5.6M in 2022. Over the period under review, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. Over the period under review, the exports hit record highs at $6.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Wooden Office Furniture in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 3,134 | 2,983 | 2,991 | 2,306 | -9.7% |
| Belarus | 754 | 666 | 796 | 1,128 | 14.4% |
| Kyrgyzstan | 397 | 237 | 520 | 801 | 26.4% |
| Uzbekistan | 143 | 38.7 | 54.4 | 692 | 69.1% |
| Germany | 606 | 489 | 1,108 | 512 | -5.5% |
| Estonia | 151 | 109 | 108 | 149 | -0.4% |
| Others | 1,209 | 388 | 729 | 20.2 | -74.4% |
| Total | 6,394 | 4,910 | 6,306 | 5,608 | -4.3% |
Top Export Markets for Wooden Office Furniture from Russia in 2022:
- Kazakhstan (29.1K units)
- Belarus (16.9K units)
- Kyrgyzstan (11.7K units)
- Uzbekistan (10.6K units)
- Estonia (5.2K units)
- Germany (3.7K units)
This report provides an in-depth analysis of the wooden office furniture market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
-
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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