Malta: Wooden Bedroom Furniture Market 2020

Wooden Bedroom Furniture Market Size in Malta

The revenue of the wooden bedroom furniture market in Malta amounted to $X in 2018, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, wooden bedroom furniture consumption continues to indicate a mild slump. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. In that year, the wooden bedroom furniture market reached its peak level of $X, and then declined slightly in the following year.

Wooden Bedroom Furniture Exports

Exports from Malta

In 2018, the amount of wooden furniture of a kind used in the bedroom exported from Malta totaled X units, waning by -X% against the previous year. Over the period under review, wooden bedroom furniture exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, wooden bedroom furniture exports reached their peak figure at X units in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, wooden bedroom furniture exports totaled $X in 2018. Overall, wooden bedroom furniture exports continue to indicate an abrupt shrinkage. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, wooden bedroom furniture exports reached their maximum at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X units) was the key exporter of wooden furniture of a kind used in the bedroom, committing X% of total exports. It was distantly followed by Vietnam (X units), Malaysia (X units), Poland (X units), Germany (X units) and Turkey (X units), together committing 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, China ($X), Vietnam ($X) and Poland ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Malaysia, Germany, Turkey, Italy, Brazil, Denmark and Malta, which together accounted for a further X terms of the main exporting countries, Turkey recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The wooden bedroom furniture export price in Malta stood at $X per unit in 2018, jumping by X% against the previous year. Overall, the export price indicated strong growth 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 export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2012 when the export price increased by X% against the previous year. Malta export price peaked in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; 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 Malta

In 2018, the amount of wooden furniture of a kind used in the bedroom imported into Malta totaled X units, coming down by -X% against the previous year. Over the period under review, wooden bedroom furniture imports continue to indicate a drastic descent. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. In that year, wooden bedroom furniture imports reached their peak of X units, and then declined slightly in the following year.

In value terms, wooden bedroom furniture imports stood at $X in 2018. In general, wooden bedroom furniture imports continue to indicate slight growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. In that year, wooden bedroom furniture imports attained their peak of $X. From 2016 to 2018, the growth of wooden bedroom furniture imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X units) represented the key importer of wooden furniture of a kind used in the bedroom, achieving 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.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. 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. While the share of the U.S. (+X p.p.), China, Hong Kong SAR (+X p.p.), Iraq (+X p.p.) and Saudi Arabia (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the UK (-X p.p.) and France (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In the U.S., wooden bedroom furniture imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (+X% per year) and Germany (+X% per year).

Import Prices by Country

The wooden bedroom furniture import price in Malta stood at $X per unit in 2018, rising by X% against the previous year. In general, the wooden bedroom furniture import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. Over the period under review, the import prices for wooden furniture of a kind used in the bedroom attained their peak figure at $X per unit in 2012; however, from 2013 to 2018, import prices remained at a 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