Italy: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Italy

After four years of growth, the Italian wooden bedroom furniture market decreased by X% to $X in 2022. Overall, consumption, however, enjoyed a strong expansion. Over the period under review, the market attained the peak level at $X in 2021, and then plummeted in the following year.

Wooden Bedroom Furniture Production in Italy

In value terms, wooden bedroom furniture production dropped significantly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. 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 attained the peak level of $X, and then contracted notably in the following year.

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Wooden Bedroom Furniture Exports

Exports from Italy

In 2022, approx. X units of wooden furniture of a kind used in the bedroom were exported from Italy; falling by X% on 2021 figures. In general, exports showed a mild decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, wooden bedroom furniture exports fell modestly to $X in 2022. Over the period under review, total exports indicated a pronounced 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then dropped slightly in the following year.

Exports by Country

The United States (X units) was the main destination for wooden bedroom furniture exports from Italy, accounting for a X% share of total exports. Moreover, wooden bedroom furniture exports to the United States exceeded the volume sent to the second major destination, France (X units), threefold. The third position in this ranking was held by Canada (X units), with a X% share.

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

In value terms, the United States ($X) remains the key foreign market for wooden furniture of a kind used in the bedroom exports from Italy, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the UK (X% per year).

Export Prices by Country

The average wooden bedroom furniture export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, export price indicated buoyant 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 most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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

Wooden Bedroom Furniture Imports

Imports into Italy

In 2022, purchases abroad of wooden furniture of a kind used in the bedroom decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then fell notably in the following year.

In value terms, wooden bedroom furniture imports fell remarkably to $X in 2022. Overall, 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 2020 indices. 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 declined significantly in the following year.

Imports by Country

Poland (X units), China (X units) and Albania (X units) were the main suppliers of wooden bedroom furniture imports to Italy, with a combined X% share of total imports.

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

In value terms, the largest wooden bedroom furniture suppliers to Italy were Poland ($X), China ($X) and France ($X), with a combined X% share of total imports. Germany, Romania, Albania, Slovakia, Austria, Sweden, Spain, the Czech Republic and Denmark lagged somewhat behind, together accounting for a further X%.

Albania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden bedroom furniture import price amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, saw a slight curtailment. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 France ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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