Croatia: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Croatia

In 2022, the Croatian wooden office furniture market decreased by X% to $X, falling for the third year in a row after two years of growth. Overall, consumption continues to indicate a noticeable descent. Wooden office furniture consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Wooden Office Furniture Production in Croatia

In value terms, wooden office furniture production rose notably to $X in 2022 estimated in export price. Overall, production showed a noticeable decrease. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Wooden office furniture production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Wooden Office Furniture Exports

Exports from Croatia

Wooden office furniture exports from Croatia reduced slightly to X units in 2022, approximately mirroring the year before. Over the period under review, exports, however, recorded a prominent increase. The pace of growth appeared 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 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, wooden office furniture exports soared to $X in 2022. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Austria (X units), France (X units) and Serbia (X units) were the main destinations of wooden office furniture exports from Croatia, with a combined X% share of total exports. Germany, Slovenia, the Netherlands, the UK and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden office furniture exported from Croatia were France ($X), Austria ($X) and Germany ($X), together accounting for X% of total exports. Serbia, the UK, the Netherlands, Bosnia and Herzegovina and Slovenia lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden office furniture export price amounted to $X per unit, surging by X% against the previous year. In general, export 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. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Slovenia ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports into Croatia

In 2022, overseas purchases of wooden furniture of a kind used in offices decreased by X% to X units, falling for the third consecutive year after four years of growth. In general, imports, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wooden office furniture imports skyrocketed to $X in 2022. Overall, total imports indicated a buoyant 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, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Poland (X units) constituted the largest supplier of wooden office furniture to Croatia, accounting for a X% share of total imports. Moreover, wooden office furniture imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Romania (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Romania (X% per year).

In value terms, the largest wooden office furniture suppliers to Croatia were Poland ($X), Italy ($X) and Slovenia ($X), together comprising X% of total imports. The Czech Republic, Lithuania, Germany, Bosnia and Herzegovina, Romania, Turkey, Serbia, Austria, Denmark and China lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden office furniture import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate modest growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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