CIS: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in CIS

The CIS wooden kitchen furniture market rose sharply to $X in 2022, with an increase of X% against the previous year. The market 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 throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Wooden Kitchen Furniture Production in CIS

In value terms, wooden kitchen furniture production rose remarkably to $X in 2022 estimated in export price. The total production indicated temperate growth 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Wooden Kitchen Furniture Exports

Exports in CIS

In 2022, wooden kitchen furniture exports in the CIS reached X units, growing by X% compared with 2021 figures. Total exports indicated mild growth from 2012 to 2022: its volume 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 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden kitchen furniture exports rose rapidly to $X in 2022. Total exports indicated mild growth 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 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus was the main exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Russia (X units) and Moldova (X units), together achieving a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

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

From 2012 to 2022, the average annual growth rate of value in Belarus was relatively modest. In the other countries, the average annual rates were as follows: Russia (X% per year) and Moldova (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

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 Belarus ($X per unit), while Moldova ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced a decline in the export price figures.

Wooden Kitchen Furniture Imports

Imports in CIS

In 2022, overseas purchases of wooden furniture for kitchens decreased by X% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wooden kitchen furniture imports dropped dramatically to $X in 2022. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Russia was the major importing country with an import of around X units, which resulted at X% of total imports. Kazakhstan (X units) held the second position in the ranking, followed by Belarus (X units). All these countries together took approx. X% share of total imports. Moldova (X units) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (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. By contrast, Moldova (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported wooden furniture for kitchens in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, jumping by X% against the previous year. Overall, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. 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 ($X per unit), while Moldova ($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 more modest paces of growth.

Source: IndexBox Platform

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