Report Indonesia - Polishes and Creams for Wooden Furniture and Floors - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 19, 2023

Indonesia - Polishes and Creams for Wooden Furniture and Floors - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

Indonesia: Wooden Furniture Treatments Market 2023

Wooden Furniture Treatments Market Size in Indonesia

The Indonesian wooden furniture treatments market reduced modestly to $X in 2021, falling by -3% against the previous year. Over the period under review, consumption, however, recorded a noticeable shrinkage. Wooden furniture treatments consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wooden Furniture Treatments Production in Indonesia

In value terms, wooden furniture treatments production shrank modestly to $X in 2021 estimated in export price. Overall, production, however, saw a pronounced setback. The pace of growth was the most pronounced in 2015 when the production volume increased by 35% against the previous year. Wooden furniture treatments production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wooden Furniture Treatments Exports

Exports from Indonesia

In 2021, shipments abroad of polishes and creams for wooden furniture and floors decreased by -28.8% to X tons, falling for the second consecutive year after four years of growth. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 when exports increased by 446%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, wooden furniture treatments exports declined remarkably to $X in 2021. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 when exports increased by 76% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons), Brunei Darussalam (X tons) and Maldives (X tons) were the main destinations of wooden furniture treatments exports from Indonesia, together comprising 74% of total exports. These countries were followed by Hong Kong SAR, Fiji, Timor-Leste and the United Arab Emirates, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Fiji (with a CAGR of +1,394.1%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for wooden furniture treatments exports from Indonesia, comprising 60% of total exports. The second position in the ranking was taken by Brunei Darussalam ($X), with a 16% share of total exports. It was followed by Hong Kong SAR, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore stood at -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (-3.4% per year) and Hong Kong SAR (+4.2% per year).

Export Prices by Country

In 2021, the average wooden furniture treatments export price amounted to $X per ton, declining by -23.3% against the previous year. In general, the export price, however, posted a modest increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 484% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined sharply in the following year.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Timor-Leste ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports

Imports into Indonesia

In 2021, approx. X tons of polishes and creams for wooden furniture and floors were imported into Indonesia; with an increase of 46% compared with the year before. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 78% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, wooden furniture treatments imports surged to $X in 2021. Overall, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 when imports increased by 82% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Japan (X tons) constituted the largest wooden furniture treatments supplier to Indonesia, accounting for a 83% share of total imports. Moreover, wooden furniture treatments imports from Japan exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), more than tenfold. Denmark (X tons) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan stood at +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+34.3% per year) and Denmark (+6.7% per year).

In value terms, Japan ($X) constituted the largest supplier of wooden furniture treatments to Indonesia, comprising 75% of total imports. The second position in the ranking was taken by Denmark ($X), with a 16% share of total imports. It was followed by Taiwan (Chinese), with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from Japan totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+19.8% per year) and Taiwan (Chinese) (+7.1% per year).

Import Prices by Country

In 2021, the average wooden furniture treatments import price amounted to $X per ton, increasing by 4.8% against the previous year. Over the period under review, the import price, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for polishes and creams for wooden furniture and floors in the world?
+
The countries with the highest volumes of consumption in 2021 were China, Italy and the United States, with a combined 49% share of global consumption.
What are the largest producers of polishes and creams for wooden furniture and floors in the world?
+
The countries with the highest volumes of production in 2021 were China, Italy and the United States, with a combined 51% share of global production.
What are the leading suppliers of polishes and creams for wooden furniture and floors to Indonesia?
+
In value terms, Japan constituted the largest supplier of wooden furniture treatments to Indonesia, comprising 75% of total imports. The second position in the ranking was held by Denmark, with a 16% share of total imports. It was followed by Taiwan Chinese), with a 5.3% share.
What are the leading importers of polishes and creams for wooden furniture and floors from Indonesia?
+
In value terms, Singapore remains the key foreign market for wooden furniture treatments exports from Indonesia, comprising 60% of total exports. The second position in the ranking was taken by Brunei Darussalam, with a 16% share of total exports. It was followed by Hong Kong SAR, with a 7.9% share.
What is the average export price for polishes and creams for wooden furniture and floors in Indonesia?
+
In 2021, the average wooden furniture treatments export price amounted to $3,864 per ton, reducing by -23.3% against the previous year.
What is the average import price for polishes and creams for wooden furniture and floors in Indonesia?
+
In 2021, the average wooden furniture treatments import price amounted to $9,151 per ton, rising by 4.8% against the previous year.

This report provides an in-depth analysis of the wooden furniture treatments market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20414350 - Polishes, creams and similar preparations, for the maintenance of wooden furniture, floors or other woodwork (excluding artificial and prepared waxes)
Country coverage:
• Indonesia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Indonesia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET