Germany: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Germany

In 2022, after two years of growth, there was significant decline in the German wooden bedroom furniture market, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Wooden Bedroom Furniture Production in Germany

In value terms, wooden bedroom furniture production rose significantly to $X in 2022 estimated in export price. In general, production saw a noticeable setback. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Wooden Bedroom Furniture Exports

Exports from Germany

In 2022, wooden bedroom furniture exports from Germany dropped to X units, with a decrease of X% against 2021 figures. Over the period under review, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wooden bedroom furniture exports fell to $X in 2022. In general, exports showed a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Austria (X units), the Netherlands (X units) and Switzerland (X units) were the main destinations of wooden bedroom furniture exports from Germany, with a combined X% share of total exports. Belgium, France, the UK, the Czech Republic, Hungary, Poland, Slovakia and Luxembourg lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden bedroom furniture exported from Germany were Switzerland ($X), Austria ($X) and the Netherlands ($X), together comprising X% of total exports. The UK, France, Belgium, the Czech Republic, Luxembourg, Poland, Hungary and Slovakia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Poland, with a CAGR of X%, recorded 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

In 2022, the average wooden bedroom furniture export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, export price indicated moderate 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 bedroom furniture export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then reduced in the following year.

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

Wooden Bedroom Furniture Imports

Imports into Germany

After four years of growth, purchases abroad of wooden furniture of a kind used in the bedroom decreased by X% to X units in 2022. Overall, total imports indicated resilient 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 appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X units in 2021, and then reduced in the following year.

In value terms, wooden bedroom furniture imports declined to $X in 2022. In general, total imports 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, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Poland (X units) constituted the largest wooden bedroom furniture supplier to Germany, with a X% share of total imports. Moreover, wooden bedroom furniture imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was held by Turkey (X units), with an X% share.

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

In value terms, Poland ($X) constituted the largest supplier of wooden furniture of a kind used in the bedroom to Germany, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

Import Prices by Country

The average wooden bedroom furniture import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price saw a slight decline. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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