Czech Republic: Wooden Kitchen Furniture Market Overview 2020

Wooden Kitchen Furniture Market Size in the Czech Republic

The revenue of the wooden kitchen furniture market in the Czech Republic amounted to $X in 2018, growing by X% against the previous year. In general, wooden kitchen furniture consumption continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, the wooden kitchen furniture market reached its peak figure level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Wooden Kitchen Furniture Production in the Czech Republic

In value terms, wooden kitchen furniture production stood at $X in 2018 estimated in export prices. Overall, wooden kitchen furniture production, however, continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Wooden kitchen furniture production peaked at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports from the Czech Republic

In 2018, the wooden kitchen furniture exports from the Czech Republic totaled X units, falling by -X% against the previous year. In general, wooden kitchen furniture exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Exports peaked at X units in 2017, and then declined slightly in the following year.

In value terms, wooden kitchen furniture exports amounted to $X in 2018. In general, wooden kitchen furniture exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Exports peaked at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Slovakia (X units) and Sweden (X units) were the main destinations of wooden kitchen furniture exports from the Czech Republic, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Norway, while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for wooden kitchen furniture exports from the Czech Republic, comprising X% of total wooden kitchen furniture exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Norway stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Sweden (+X% per year).

Export Prices by Country

The average wooden kitchen furniture export price stood at $X per unit in 2018, reducing by -X% against the previous year. In general, the wooden kitchen furniture export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. In that year, the average export prices for wooden furniture for kitchens attained their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average export prices for wooden furniture for kitchens remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Wooden Kitchen Furniture Imports

Imports into the Czech Republic

In 2018, the amount of wooden furniture for kitchens imported into the Czech Republic amounted to X units, going up by X% against the previous year. In general, wooden kitchen furniture imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, wooden kitchen furniture imports totaled $X in 2018. Overall, the total imports indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, wooden kitchen furniture imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

Poland (X units), Slovakia (X units) and Germany (X units) were the main suppliers of wooden kitchen furniture imports to the Czech Republic, together comprising X% of total imports. Lithuania, Estonia, Italy and China lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Estonia, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Poland ($X) appeared to be the largest wooden kitchen furniture suppliers to the Czech Republic, together accounting for X% of total imports. Lithuania, Estonia, Italy and China lagged somewhat behind, together accounting for a further X the main suppliers, Estonia experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average wooden kitchen furniture import price amounted to $X per unit, declining by -X% against the previous year. In general, the wooden kitchen furniture import price continues to indicate a temperate decrease. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average import prices for wooden furniture for kitchens reached their peak figure at $X per unit in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform