Egypt: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Egypt

For the third consecutive year, the Egyptian wooden office furniture market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption recorded a perceptible descent. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Wooden Office Furniture Production in Egypt

In value terms, wooden office furniture production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Wooden Office Furniture Exports

Exports from Egypt

Wooden office furniture exports from Egypt fell rapidly to X units in 2022, with a decrease of X% on the previous year. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wooden office furniture exports contracted rapidly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank markedly in the following year.

Exports by Country

Saudi Arabia (X units), the United Arab Emirates (X units) and Sudan (X units) were the main destinations of wooden office furniture exports from Egypt, together comprising X% of total exports. Nigeria, the United States and Libya lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for wooden office furniture exported from Egypt were Saudi Arabia ($X), the United Arab Emirates ($X) and Sudan ($X), with a combined X% share of total exports. Nigeria, the United States and Libya lagged somewhat behind, together accounting for a further X%.

Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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, declining by X% against the previous year. Overall, the export price, however, saw a resilient increase. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then contracted in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Libya ($X per unit) and the United States ($X per unit), while the average price for exports to Sudan ($X per unit) and Saudi Arabia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports into Egypt

In 2022, approx. X units of wooden furniture of a kind used in offices were imported into Egypt; falling by X% compared with the previous year's figure. In general, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, wooden office furniture imports fell dramatically to $X in 2022. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), the UK (X units) and Italy (X units) were the main suppliers of wooden office furniture imports to Egypt, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden office furniture suppliers to Egypt were Turkey ($X), the UK ($X) and Italy ($X), together comprising X% of total imports. Poland, China, Lithuania, Germany and the United States lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to 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 office furniture import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and Germany ($X per unit), while the price for Italy ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :