Denmark: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Denmark

In 2022, after three years of growth, there was significant decline in the Danish wooden kitchen furniture market, when its value decreased by X% to $X. Over the period under review, consumption, however, showed a strong expansion. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.

Wooden Kitchen Furniture Production in Denmark

In value terms, wooden kitchen furniture production reduced notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a notable expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then shrank dramatically in the following year.

Wooden Kitchen Furniture Exports

Exports from Denmark

In 2022, overseas shipments of wooden furniture for kitchens were finally on the rise to reach X units after two years of decline. In general, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wooden kitchen furniture exports totaled $X in 2022. Overall, total exports indicated a strong 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 2015 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Norway (X units), Sweden (X units) and the Netherlands (X units) were the main destinations of wooden kitchen furniture exports from Denmark, with a combined X% share of total exports.

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

In value terms, the largest markets for wooden kitchen furniture exported from Denmark were Norway ($X), Sweden ($X) and the Netherlands ($X), with a combined X% share of total exports. Belgium, Germany, Finland, Iceland and France lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Iceland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden kitchen furniture export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then contracted modestly in the following year.

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

Wooden Kitchen Furniture Imports

Imports into Denmark

In 2022, supplies from abroad of wooden furniture for kitchens decreased by X% to X units, falling for the third consecutive year after eight years of growth. Over the period under review, imports saw a deep reduction. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden kitchen furniture imports shrank remarkably to $X in 2022. In general, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then contracted significantly in the following year.

Imports by Country

Germany (X units), Sweden (X units) and Lithuania (X units) were the main suppliers of wooden kitchen furniture imports to Denmark, together comprising X% of total imports. Italy, Poland, Latvia, the UK and China 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 Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and Italy ($X) appeared to be the largest wooden kitchen furniture suppliers to Denmark, with a combined X% share of total imports. Lithuania, Latvia, China, Poland and the UK lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden kitchen furniture import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price, however, saw a resilient increase. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then shrank sharply in the following year.

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

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

Source: IndexBox Platform

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