MENA: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in MENA

For the fifth year in a row, the MENA's wooden kitchen furniture market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption showed a noticeable setback. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Wooden Kitchen Furniture Production in MENA

In value terms, wooden kitchen furniture production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports in MENA

In 2022, approx. X units of wooden furniture for kitchens were exported in MENA; picking up by X% compared with 2021. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, wooden kitchen furniture exports surged to $X in 2022. In general, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Turkey (X units) represented the main exporter of wooden furniture for kitchens, achieving X% of total exports. Palestine (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (X%). The following exporters - Jordan (X units), Lebanon (X units), Morocco (X units) and Iran (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Iran (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wooden kitchen furniture supplying countries in MENA were Turkey ($X), Palestine ($X) and the United Arab Emirates ($X), with a combined X% share of total exports. Jordan, Morocco, Lebanon and Iran lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Iran, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Lebanon ($X per unit) was amongst the lowest.

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

Wooden Kitchen Furniture Imports

Imports in MENA

In 2022, purchases abroad of wooden furniture for kitchens increased by X% to X units, rising for the second year in a row after three years of decline. Total imports indicated a noticeable expansion from 2012 to 2022: its volume 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 growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, wooden kitchen furniture imports reduced to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) was the main importer of wooden furniture for kitchens, making up X% of total imports. Israel (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Iraq (X%), Kuwait (X%) and Morocco (X%). The following importers - Oman (X units) and Libya (X units) - each recorded a X% share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the wooden furniture for kitchens imports, with a CAGR of X% from 2012 to 2022. At the same time, Israel (X%), Iraq (X%) and Oman (X%) displayed positive paces of growth. Morocco experienced a relatively flat trend pattern. By contrast, Libya (X%) and Kuwait (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Kuwait and Israel increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported wooden furniture for kitchens in MENA, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Israel (X% per year) and Kuwait (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, which is down by X% against the previous year. In general, the import price saw a noticeable descent. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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