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Latvia - Wooden Furniture Of A Kind Used In The Bedroom - Market Analysis, Forecast, Size, Trends and Insights
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Latvia: Wooden Bedroom Furniture Market Overview 2020

Wooden Bedroom Furniture Market Size in Latvia

The revenue of the wooden bedroom furniture market in Latvia amounted to $X in 2018, growing by X% against the previous year. In general, wooden bedroom furniture consumption, however, continues to indicate a drastic descent. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, the wooden bedroom furniture market attained its peak figure level at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Wooden Bedroom Furniture Production in Latvia

In value terms, wooden bedroom furniture production stood at $X in 2018 estimated in export prices. Overall, wooden bedroom furniture production continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 when production volume increased by X% y-o-y. Latvia wooden bedroom furniture production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Wooden Bedroom Furniture Exports

Exports from Latvia

In 2018, the exports of wooden furniture of a kind used in the bedroom from Latvia stood at X units, shrinking by -X% against the previous year. Overall, wooden bedroom furniture exports continue to indicate an abrupt deduction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, wooden bedroom furniture exports reached their peak figure at X units in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, wooden bedroom furniture exports amounted to $X in 2018. Overall, wooden bedroom furniture exports continue to indicate a drastic decrease. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. In that year, wooden bedroom furniture exports reached their peak of $X. From 2014 to 2018, the growth of wooden bedroom furniture exports remained at a somewhat lower figure.

Exports by Country

China was the major exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Viet Nam (X units), Malaysia (X units), Poland (X units), Germany (X units) and Turkey (X units), together creating a X% share of total exports. Brazil (X units), Italy (X units) and Denmark (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, the largest wooden bedroom furniture markets from Latvia were China ($X), Viet Nam ($X) and Poland ($X), together comprising X% of total exports. Malaysia, Germany, Turkey, Italy, Brazil, Denmark and Latvia lagged somewhat behind, together comprising a further X terms of the main exporting countries, Turkey recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the wooden bedroom furniture export price in Latvia amounted to $X per unit, increasing by X% against the previous year. In general, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, the export prices for wooden furniture of a kind used in the bedroom attained their maximum at $X per unit in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Poland ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Wooden Bedroom Furniture Imports

Imports into Latvia

In 2018, the wooden bedroom furniture imports into Latvia stood at X units, approximately reflecting the previous year. Over the period under review, wooden bedroom furniture imports continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Latvia imports peaked at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, wooden bedroom furniture imports stood at $X in 2018. Over the period under review, wooden bedroom furniture imports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Over the period under review, wooden bedroom furniture imports reached their peak figure at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. represented the largest importing country with an import of around X units, which recorded X% of total imports. Germany (X units) ranks second in terms of the total imports with a X% share, followed by China, Hong Kong SAR (X%), the UK (X%) and Saudi Arabia (X%). The following importers - the United Arab Emirates (X units), Iraq (X units), Australia (X units), Japan (X units), Switzerland (X units), Canada (X units) and France (X units) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to wooden bedroom furniture imports into the U.S. stood at +X%. At the same time, Iraq (+X%), China, Hong Kong SAR (+X%), Saudi Arabia (+X%), the United Arab Emirates (+X%), Australia (+X%), Switzerland (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Canada (-X%), the UK (-X%), Japan (-X%) and France (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), China, Hong Kong SAR (+X p.p.), Iraq (+X p.p.) and Saudi Arabia (+X p.p.) significantly strengthened its position in terms of the global imports, while the UK and France saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (+X% per year) and Germany (+X% per year).

Import Prices by Country

The wooden bedroom furniture import price in Latvia stood at $X per unit in 2018, remaining constant against the previous year. Over the period under review, the import price indicated a moderate expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wooden bedroom furniture import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. Over the period under review, the import prices for wooden furniture of a kind used in the bedroom reached their maximum at $X per unit in 2015; however, from 2016 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 ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Product coverage:
• Prodcom 31091230 - Wooden bedroom furniture (excluding builders

This report provides an in-depth analysis of the wooden bedroom furniture market in Latvia. 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.


Country coverage:
• Latvia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Latvia
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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