Austria: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Austria

In 2022, after three years of growth, there was decline in the Austrian wooden bedroom furniture market, when its value decreased by X% to $X. In general, consumption continues to indicate a mild setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Wooden Bedroom Furniture Production in Austria

In value terms, wooden bedroom furniture production rose remarkably 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; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

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Wooden Bedroom Furniture Exports

Exports from Austria

For the third consecutive year, Austria recorded decline in shipments abroad of wooden furniture of a kind used in the bedroom, which decreased by X% to X units in 2022. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden bedroom furniture exports stood at $X in 2022. Over the period under review, total exports indicated a perceptible expansion 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, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for wooden bedroom furniture exports from Austria, with a X% share of total exports. Moreover, wooden bedroom furniture exports to Germany exceeded the volume sent to the second major destination, Switzerland (X units), sixfold. The third position in this ranking was taken by Slovenia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Slovenia (X% per year).

In value terms, Germany ($X) remains the key foreign market for wooden furniture of a kind used in the bedroom exports from Austria, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with an X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average wooden bedroom furniture export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price recorded a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Slovenia ($X 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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Bedroom Furniture Imports

Imports into Austria

In 2022, the amount of wooden furniture of a kind used in the bedroom imported into Austria contracted remarkably to X units, waning by X% compared with the previous year. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wooden bedroom furniture imports declined remarkably to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

Germany (X units), Poland (X units) and Bosnia and Herzegovina (X units) were the main suppliers of wooden bedroom furniture imports to Austria, together comprising X% of total imports. Turkey, Serbia, Ukraine, Hungary, Italy, Slovakia, Romania, Lithuania, the Czech Republic and Slovenia lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of wooden furniture of a kind used in the bedroom to Austria, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Bosnia and Herzegovina, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Bosnia and Herzegovina (X% per year).

Import Prices by Country

The average wooden bedroom furniture import price stood at $X per unit in 2022, stabilizing at the previous year. In general, the import price saw a strong increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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