Europe: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Europe

After two years of growth, the Europe wooden office furniture market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Wooden Office Furniture Production in Europe

In value terms, wooden office furniture production declined modestly 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 remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, leveling off in the following year.

Wooden Office Furniture Exports

Exports in Europe

In 2022, overseas shipments of wooden furniture of a kind used in offices decreased by X% to X units, falling for the third year in a row after five years of growth. Over the period under review, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wooden office furniture exports contracted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked at $X in 2021, and then contracted slightly in the following year.

Exports by Country

In 2022, Poland (X units), distantly followed by Germany (X units), Lithuania (X units), Italy (X units), Sweden (X units), Portugal (X units) and Spain (X units) represented the main exporters of wooden furniture of a kind used in offices, together mixing up X% of total exports. Austria (X units), Slovakia (X units), Denmark (X units), the UK (X units), Belarus (X units) and the Netherlands (X units) took a relatively small share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Portugal (X%), Lithuania (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Spain and the UK experienced a relatively flat trend pattern. By contrast, Germany (X%), Slovakia (X%), Belarus (X%), Denmark (X%), Austria (X%), Sweden (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Lithuania (X p.p.) and Portugal (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.), Slovakia (X p.p.), Denmark (X p.p.), Austria (X p.p.), Germany (X p.p.), Sweden (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wooden office furniture supplying countries in Europe were Poland ($X), Italy ($X) and Germany ($X), with a combined X% share of total exports. Sweden, Lithuania, Austria, Spain, the UK, Portugal, Denmark, the Netherlands, Slovakia and Belarus lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, increasing by X% against the previous year. Export price indicated perceptible growth from 2012 to 2022: its price 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, wooden office furniture export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while Belarus ($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 other leaders experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports in Europe

In 2022, after six years of growth, there was significant decline in purchases abroad of wooden furniture of a kind used in offices, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2021, and then dropped dramatically in the following year.

In value terms, wooden office furniture imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

The purchases of the three major importers of wooden furniture of a kind used in offices, namely Germany, the UK and France, represented more than third of total import. It was distantly followed by Switzerland (X units), the Netherlands (X units) and Norway (X units), together comprising a X% share of total imports. Italy (X units), Poland (X units), Spain (X units), Sweden (X units), Belgium (X units), Austria (X units) and the Czech Republic (X units) held a little share of total imports.

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

In value terms, the largest wooden office furniture importing markets in Europe were France ($X), Germany ($X) and the UK ($X), with a combined X% share of total imports. The Netherlands, Switzerland, Norway, Belgium, Sweden, Italy, Spain, Austria, Poland and the Czech Republic lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 Europe stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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