Asia: Wooden Dayroom Furniture Market 2020

Wooden Dayroom Furniture Market Size in Asia

The revenue of the wooden dayroom furniture market in Asia amounted to $X in 2017, waning by -X% against the previous year. The total market indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the wooden dayroom furniture consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. In that year, the wooden dayroom furniture market reached their peak level of $X. From 2016 to 2017, growth of the wooden dayroom furniture market failed to regain its momentum.

Wooden Dayroom Furniture Production in Asia

In 2017, the amount of wooden furniture for the dining-room and living-room produced in Asia stood at X units, going up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017, with an increase of X% year-to-year. In that year, the wooden dayroom furniture production reached their peak volume, and is likely to continue its growth in the immediate term.

Wooden Dayroom Furniture Exports in Asia

In 2017, approx. X units of wooden furniture for the dining-room and living-room were exported in Asia; surging by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, wooden dayroom furniture exports amounted to $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the wooden dayroom furniture exports decreased by -X% against 2014 indices. Over the period under review, the wooden dayroom furniture exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Wooden Dayroom Furniture Exports by Country in Asia

China dominates wooden dayroom furniture exports structure, resulting at X units, which was approx. X% of total exports in 2017. Taiwan, Chinese (X units) took the second position in the ranking, followed by Turkey (X units) and Vietnam (X units). All these countries together held near X% share of total exports. Malaysia (X units), Thailand (X units) and Indonesia (X units) held the weak share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Vietnam (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, Turkey (-X%), Indonesia (-X%), Malaysia (-X%) and Thailand (-X%) illustrated a downward trend over the same period. Thailand (X%) and Malaysia (X%) significantly strengthened its position in terms of the global exports, while Vietnam and China saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wooden dayroom furniture supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global exports. It was followed by Indonesia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and Indonesia (-X% per year).

Wooden Dayroom Furniture Export Prices by Country in Asia

In 2017, the wooden dayroom furniture export price in Asia amounted to $X per unit, going down by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015, when the export prices increased by X% y-o-y. In that year, the export prices for wooden furniture for the dining-room and living-room attained their peak level of $X per unit. From 2016 to 2017, growth of the export prices for wooden furniture for the dining-room and living-room stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Indonesia ($X per unit), while Taiwan, Chinese ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Wooden Dayroom Furniture Imports in Asia

The imports amounted to X units in 2017, declining by -X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. The volume of imports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, wooden dayroom furniture imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the wooden dayroom furniture imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Wooden Dayroom Furniture Imports by Country in Asia

The imports of the twelve major importers of wooden furniture for the dining-room and living-room, namely China, Hong Kong SAR, Saudi Arabia, Japan, Indonesia, Singapore, the United Arab Emirates, China, the Philippines, Iraq, South Korea, Kuwait and India, represented more than two-thirds of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported wooden furniture for the dining-room and living-room in Asia, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Japan was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Saudi Arabia (+X% per year).

Wooden Dayroom Furniture Import Prices by Country in Asia

In 2017, the wooden dayroom furniture import price in Asia amounted to $X per unit, picking up by X% against the previous year. The wooden dayroom furniture import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. Over the period under review, the import prices for wooden furniture for the dining-room and living-room attained its peak figure level of $X per unit in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per unit), while Indonesia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform