Estonia: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Estonia

The Estonian wooden kitchen furniture market rose remarkably to $X in 2022, growing by X% against the previous year. Overall, consumption, however, posted a strong expansion. Wooden kitchen furniture consumption peaked in 2022 and is likely to see steady growth in years to come.

Wooden Kitchen Furniture Production in Estonia

In value terms, wooden kitchen furniture production totaled $X in 2022 estimated in export price. In general, the total production indicated a strong 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Wooden kitchen furniture production peaked in 2022 and is likely to see steady growth in the immediate term.

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Wooden Kitchen Furniture Exports

Exports from Estonia

In 2022, approx. X units of wooden furniture for kitchens were exported from Estonia; waning by X% compared with the previous year's figure. In general, exports saw a deep contraction. The most prominent rate of growth was recorded 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 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, wooden kitchen furniture exports dropped to $X in 2022. Overall, exports saw a slight shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Finland (X units) was the main destination for wooden kitchen furniture exports from Estonia, accounting for a X% share of total exports. Moreover, wooden kitchen furniture exports to Finland exceeded the volume sent to the second major destination, Norway (X units), threefold. Lithuania (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Finland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Lithuania (X% per year).

In value terms, Finland ($X) remains the key foreign market for wooden furniture for kitchens exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Finland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the average wooden kitchen furniture export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Lithuania ($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 Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Kitchen Furniture Imports

Imports into Estonia

In 2022, after two years of decline, there was significant growth in supplies from abroad of wooden furniture for kitchens, when their volume increased by X% to X units. In general, imports posted noticeable growth. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, wooden kitchen furniture imports amounted to $X in 2022. Overall, imports showed a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of wooden kitchen furniture to Estonia, accounting for a X% share of total imports. Moreover, wooden kitchen furniture imports from Germany exceeded the figures recorded by the second-largest supplier, Latvia (X units), threefold. The third position in this ranking was held by Poland (X units), with a X% share.

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

In value terms, Poland ($X), Germany ($X) and Latvia ($X) constituted the largest wooden kitchen furniture suppliers to Estonia, with a combined X% share of total imports. The Netherlands, Lithuania, Italy, Finland, Belarus, Russia and Denmark lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded 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

The average wooden kitchen furniture import price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then contracted in the following year.

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

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

Source: IndexBox Platform

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