Eastern Europe: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Eastern Europe

The East European wooden bedroom furniture market shrank to $X in 2022, which is down by X% against the previous year. Overall, consumption showed a noticeable descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Wooden Bedroom Furniture Production in Eastern Europe

In value terms, wooden bedroom furniture production dropped modestly to $X in 2022 estimated in export price. The total production indicated a temperate 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, production increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2021, and then shrank slightly in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Wooden Bedroom Furniture Exports

Exports in Eastern Europe

Wooden bedroom furniture exports reduced to X units in 2022, falling by X% against the previous year. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, wooden bedroom furniture exports declined to $X in 2022. Overall, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, Poland (X units) represented the major exporter of wooden furniture of a kind used in the bedroom, creating X% of total exports. Lithuania (X units) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%) and Slovakia (X%). Romania (X units), Russia (X units) and Belarus (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wooden bedroom furniture exports from Poland stood at X%. At the same time, Lithuania (X%), Russia (X%), the Czech Republic (X%), Slovakia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Romania experienced a relatively flat trend pattern. Poland (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus and Romania saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest wooden bedroom furniture supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Lithuania (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Romania ($X per unit) and Lithuania ($X per unit), while Russia ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

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

Wooden Bedroom Furniture Imports

Imports in Eastern Europe

In 2022, overseas purchases of wooden furniture of a kind used in the bedroom decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Total imports indicated moderate 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. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then declined dramatically in the following year.

In value terms, wooden bedroom furniture imports dropped to $X in 2022. Total imports indicated a notable 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 increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Romania (X units), Poland (X units), Russia (X units), Slovakia (X units) and the Czech Republic (X units) was the key importer of wooden furniture of a kind used in the bedroom in Eastern Europe, creating X% of total import. It was distantly followed by Bulgaria (X units) and Hungary (X units), together constituting a X% share of total imports.

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

In value terms, Poland ($X), Romania ($X) and Slovakia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Slovakia ($X per unit) and the Czech Republic ($X per unit), while Bulgaria ($X per unit) and Romania ($X per unit) were 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 a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :