Africa: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Africa

The African wooden office furniture market shrank slightly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Wooden Office Furniture Production in Africa

In value terms, wooden office furniture production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Wooden Office Furniture Exports

Exports in Africa

Wooden office furniture exports rose slightly to X units in 2022, increasing by X% compared with 2021. Overall, exports, however, showed a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden office furniture exports reduced modestly to $X in 2022. In general, exports, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X units) was the largest exporter of wooden furniture of a kind used in offices, constituting X% of total exports. It was distantly followed by Egypt (X units), generating a X% share of total exports. The following exporters - Morocco (X units), Tunisia (X units) and Kenya (X units) - together made up X% of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%), Tunisia (X%) and Kenya (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) and Morocco (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Tunisia (X p.p.), Kenya (X p.p.) and Egypt (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest wooden office furniture supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the other leaders experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports in Africa

In 2022, supplies from abroad of wooden furniture of a kind used in offices increased by X% to X units, rising for the second year in a row after four years of decline. In general, imports, however, continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wooden office furniture imports expanded to $X in 2022. Over the period under review, imports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X units), distantly followed by Morocco (X units), Angola (X units), Cote d'Ivoire (X units), Senegal (X units) and Libya (X units) represented the main importers of wooden furniture of a kind used in offices, together mixing up X% of total imports. Ghana (X units), Ethiopia (X units), Nigeria (X units), Rwanda (X units), Burkina Faso (X units), Democratic Republic of the Congo (X units) and Kenya (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Nigeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Libya ($X) and Ethiopia ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. South Africa, Ghana, Angola, Cote d'Ivoire, Rwanda, Nigeria, Senegal, Kenya, Democratic Republic of the Congo and Burkina Faso lagged somewhat behind, together accounting for a further X%.

Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ethiopia ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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