Kyrgyzstan: Wooden Office Furniture Market 2020

Wooden Office Furniture Market Size in Kyrgyzstan

The revenue of the wooden office furniture market in Kyrgyzstan amounted to $X in 2018, waning by -X% against the previous year. Over the period under review, wooden office furniture consumption continues to indicate a deep descent. The pace of growth appeared the most rapid in 2016 when the market value increased by X% year-to-year. Kyrgyzstan wooden office furniture consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Wooden Office Furniture Production in Kyrgyzstan

In value terms, wooden office furniture production stood at $X in 2018 estimated in export prices. Overall, wooden office furniture production continues to indicate a drastic decline. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Kyrgyzstan wooden office furniture production peaked at $X in 2017, and then declined slightly in the following year.

Wooden Office Furniture Exports

Exports from Kyrgyzstan

In 2018, the exports of wooden furniture of a kind used in offices from Kyrgyzstan totaled X units, waning by -X% against the previous year. Overall, wooden office furniture exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, wooden office furniture exports attained their peak figure at X units in 2017, and then declined slightly in the following year.

In value terms, wooden office furniture exports totaled $X in 2018. Over the period under review, wooden office furniture exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. In that year, wooden office furniture exports reached their peak of $X, and then declined slightly in the following year.

Exports by Country

In 2018, China (X units), distantly followed by Canada (X units), Poland (X units), Malaysia (X units), Germany (X units) and Lithuania (X units) represented the key exporters of wooden furniture of a kind used in offices, together generating X% of total exports. The following exporters - Vietnam (X units), Italy (X units), the U.S. (X units), Sweden (X units), Turkey (X units) and the Czech Republic (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Lithuania (+X%), Vietnam (+X%), Poland (+X%), the Czech Republic (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Turkey experienced a relatively flat trend pattern. By contrast, Malaysia (-X%), the U.S. (-X%), Germany (-X%), Sweden (-X%) and Italy (-X%) illustrated a downward trend over the same period. Lithuania (+X p.p.), China (+X p.p.), Poland (+X p.p.), Vietnam (+X p.p.) and Canada (+X p.p.) significantly strengthened its position in terms of the global exports, while the U.S., Sweden, Germany and Italy saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wooden office furniture supplier from Kyrgyzstan, comprising X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +X%. In the other countries, the average annual rates were as follows: Canada (-X% per year) and Germany (-X% per year).

Export Prices by Country

The wooden office furniture export price in Kyrgyzstan stood at $X per unit in 2018, coming down by -X% against the previous year. Over the period under review, the wooden office furniture export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. In that year, the export prices for wooden furniture of a kind used in offices attained their peak level of $X per unit, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports into Kyrgyzstan

In 2018, the amount of wooden furniture of a kind used in offices imported into Kyrgyzstan totaled X units, coming down by -X% against the previous year. Overall, wooden office furniture imports continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, wooden office furniture imports reached their maximum at X units in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, wooden office furniture imports stood at $X in 2018. Over the period under review, wooden office furniture imports continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, wooden office furniture imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. was the main importing country with an import of around X units, which recorded X% of total imports. Saudi Arabia (X units) occupied the second position in the ranking, followed by Malaysia (X units) and the United Arab Emirates (X units). All these countries together held near X% share of total imports. Germany (X units), France (X units), the UK (X units), South Korea (X units), Canada (X units), Australia (X units), the Netherlands (X units) and Russia (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to wooden office furniture imports into the U.S. stood at -X%. At the same time, Malaysia (+X%), Saudi Arabia (+X%), South Korea (+X%), the United Arab Emirates (+X%), Australia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Canada (-X%), the Netherlands (-X%), France (-X%), the UK (-X%) and Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Saudi Arabia, Malaysia and the United Arab Emirates increased by +X%, +X% and +X% percentage points, while Canada (-X p.p.), the Netherlands (-X p.p.), Russia (-X p.p.), France (-X p.p.), the UK (-X p.p.) and the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported wooden furniture of a kind used in offices into Kyrgyzstan, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: France (-X% per year) and Germany (+X% per year).

Import Prices by Country

The wooden office furniture import price in Kyrgyzstan stood at $X per unit in 2018, coming down by -X% against the previous year. Over the period under review, the wooden office furniture import price continues to indicate a slight decline. The growth pace was the most rapid in 2010 when the import price increased by X% year-to-year. Over the period under review, the import prices for wooden furniture of a kind used in offices attained their peak figure at $X per unit in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform