CIS: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in CIS

In 2022, the CIS wooden office furniture market decreased by X% to $X, falling for the fifth year in a row after two years of growth. In general, consumption showed a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Wooden Office Furniture Production in CIS

In value terms, wooden office furniture production stood at $X in 2022 estimated in export price. Overall, production showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Wooden Office Furniture Exports

Exports in CIS

In 2022, exports of wooden furniture of a kind used in offices in the CIS reduced markedly to X units, with a decrease of X% against the previous year's figure. Overall, exports showed a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wooden office furniture exports rose to $X in 2022. In general, exports saw a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus represented the key exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Russia (X units), committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wooden office furniture exports from Belarus stood at X%. At the same time, Russia (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Belarus ($X) remains the largest wooden office furniture supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belarus totaled X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, rising by X% against the previous year. In general, the export price saw a tangible expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Wooden Office Furniture Imports

Imports in CIS

In 2022, overseas purchases of wooden furniture of a kind used in offices decreased by X% to X units, falling for the fourth consecutive year after three years of growth. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden office furniture imports reduced dramatically to $X in 2022. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X units) represented the main importer of wooden furniture of a kind used in offices, creating X% of total imports. Russia (X units) held the second position in the ranking, distantly followed by Belarus (X units), Uzbekistan (X units) and Azerbaijan (X units). All these countries together took near X% share of total imports. The following importers - Tajikistan (X units) and Moldova (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wooden office furniture imports into Kazakhstan stood at X%. At the same time, Belarus (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Moldova experienced a relatively flat trend pattern. By contrast, Azerbaijan (X%), Tajikistan (X%) and Russia (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.), Belarus (X p.p.), Uzbekistan (X p.p.), Azerbaijan (X p.p.), Moldova (X p.p.) and Tajikistan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest wooden office furniture importing markets in the CIS were Russia ($X), Kazakhstan ($X) and Uzbekistan ($X), together comprising X% of total imports.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, rising by X% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price 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, wooden office furniture import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :