India: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in India

The Indian wooden furniture treatments market reached $X in 2022, rising by X% against the previous year. In general, consumption continues to indicate a perceptible downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Wooden Furniture Treatments Production in India

In value terms, wooden furniture treatments production reached $X in 2022 estimated in export price. Overall, production saw a deep downturn. The growth pace was the most rapid in 2016 when the production volume increased by X%. Wooden furniture treatments production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Wooden Furniture Treatments Exports

Exports from India

In 2022, the amount of polishes and creams for wooden furniture and floors exported from India dropped significantly to X tons, with a decrease of X% against the year before. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell sharply in the following year.

In value terms, wooden furniture treatments exports contracted dramatically to $X in 2022. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Liberia (X tons) was the main destination for wooden furniture treatments exports from India, with a X% share of total exports. Moreover, wooden furniture treatments exports to Liberia exceeded the volume sent to the second major destination, Nepal (X tons), threefold. The third position in this ranking was taken by Mozambique (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Liberia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (X% per year) and Mozambique (X% per year).

In value terms, Liberia ($X) remains the key foreign market for polishes and creams for wooden furniture and floors exports from India, comprising X% of total exports. The second position in the ranking was held by Mozambique ($X), with a X% share of total exports. It was followed by Nepal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Liberia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (X% per year) and Nepal (X% per year).

Export Prices by Country

The average wooden furniture treatments export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 the United Arab Emirates ($X per ton), while the average price for exports to Liberia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Furniture Treatments Imports

Imports into India

In 2022, wooden furniture treatments imports into India reduced to X tons, dropping by X% on the previous year's figure. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wooden furniture treatments imports surged to $X in 2022. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), the United States (X tons) and Japan (X tons) were the main suppliers of wooden furniture treatments imports to India, with a combined X% share of total imports. The UK, China, Germany and Belgium lagged somewhat behind, together accounting for a further X%.

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

In value terms, Italy ($X) constituted the largest supplier of polishes and creams for wooden furniture and floors to India, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

Import Prices by Country

The average wooden furniture treatments import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, import price indicated a temperate increase 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. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) 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

Frequently Asked Questions (FAQ) :