South Africa - 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 South Africa - 2023
Contents:
- Wooden Office Furniture Price in South Africa (CIF) - 2023
- Wooden Office Furniture Price in South Africa (FOB) - 2022
- Wooden Office Furniture Imports in South Africa
- Wooden Office Furniture Exports in South Africa
Wooden Office Furniture Price in South Africa (CIF) - 2023
The average wooden office furniture import price stood at $36.8 per unit in July 2023, surging by 376% against the previous month. In general, the import price recorded a prominent increase. The most prominent rate of growth was recorded in September 2022 an increase of 521% m-o-m. As a result, import price reached the peak level of $54.6 per unit. From October 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($126 per unit), while the price for China ($15.1 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.
Wooden Office Furniture Price in South Africa (FOB) - 2022
The average wooden office furniture export price stood at $73 per unit in 2022, dropping by -3.4% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 54% against the previous year. The export price peaked at $83 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($126 per unit), while the average price for exports to Lesotho ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Office Furniture Imports in South Africa
In 2022, the amount of wooden furniture of a kind used in offices imported into South Africa contracted slightly to 549K units, with a decrease of -4.7% compared with 2021. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 443% against the previous year. As a result, imports attained the peak of 576K units, and then fell in the following year.
In value terms, wooden office furniture imports dropped to $10M in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 244%. As a result, imports attained the peak of $12M, and then shrank in the following year.
| Import of Wooden Office Furniture in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 1.8 | 6.4 | 5.5 | 25.2% |
| Malaysia | 0.6 | 0.5 | 1.1 | 2.1 | 51.8% |
| Brazil | N/A | 0.1 | 0.3 | 0.2 | 41.4% |
| Others | 2.7 | 1.2 | 4.4 | 2.7 | 0.0% |
| Total | 6.0 | 3.5 | 12.1 | 10.4 | 20.1% |
Top Suppliers of Wooden Office Furniture to South Africa in 2022:
- China (430.1K units)
- Malaysia (88.6K units)
- Brazil (9.9K units)
Wooden Office Furniture Exports in South Africa
In 2022, wooden office furniture exports from South Africa skyrocketed to 173K units, jumping by 17% on the previous year's figure. In general, exports, however, saw a mild shrinkage. The growth pace was the most rapid in 2021 when exports increased by 75%. Over the period under review, the exports attained the peak figure at 183K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, wooden office furniture exports amounted to $13M in 2022. Over the period under review, exports recorded buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 88%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Wooden Office Furniture in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 2,123 | 1,094 | 1,965 | 2,252 | 2.0% |
| Botswana | 972 | 660 | 1,570 | 1,805 | 22.9% |
| Swaziland | 593 | 781 | 1,608 | 1,785 | 44.4% |
| Mozambique | 1,030 | 440 | 1,009 | 989 | -1.3% |
| Lesotho | 656 | 468 | 844 | 943 | 12.9% |
| Zambia | 850 | 728 | 1,143 | 765 | -3.5% |
| Cote d'Ivoire | N/A | 58.5 | 43.9 | 475 | 185.0% |
| Democratic Republic of the Congo | 405 | 333 | 471 | 416 | 0.9% |
| Angola | 146 | 42.5 | 55.5 | 402 | 40.2% |
| Zimbabwe | 223 | 116 | 434 | 393 | 20.8% |
| United States | 69.2 | 41.8 | 274 | 325 | 67.5% |
| Malawi | 479 | 292 | 326 | 298 | -14.6% |
| Others | 806 | 830 | 1,320 | 1,686 | 27.9% |
| Total | 8,353 | 5,887 | 11,062 | 12,533 | 14.5% |
Top Export Markets for Wooden Office Furniture from South Africa in 2022:
- Swaziland (36.2K units)
- Lesotho (31.1K units)
- Namibia (27.2K units)
- Botswana (21.0K units)
- Zimbabwe (9.6K units)
- Mozambique (7.8K units)
- Zambia (6.7K units)
- Cote d'Ivoire (5.9K units)
- Angola (3.5K units)
- Democratic Republic of the Congo (3.5K units)
- United States (3.2K units)
- Malawi (2.4K units)
This report provides an in-depth analysis of the wooden office furniture market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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