Northern America: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Northern America

The North American wooden furniture treatments market dropped to $X in 2022, shrinking by X% against the previous year. In general, consumption continues to indicate a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wooden Furniture Treatments Production in Northern America

In value terms, wooden furniture treatments production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Wooden Furniture Treatments Exports

Exports in Northern America

In 2022, exports of polishes and creams for wooden furniture and floors in Northern America rose markedly to X tons, growing by X% on the year before. In general, exports, however, continue to indicate a mild descent. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wooden furniture treatments exports rose markedly to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, the United States (X tons) was the main exporter of polishes and creams for wooden furniture and floors, committing X% of total exports. It was distantly followed by Canada (X tons), mixing up a X% share of total exports.

The United States was also the fastest-growing in terms of the polishes and creams for wooden furniture and floors exports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest wooden furniture treatments supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States was relatively modest.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, waning by X% against the previous year. Export price indicated a mild increase 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 furniture treatments export price decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Wooden Furniture Treatments Imports

Imports in Northern America

For the sixth year in a row, Northern America recorded decline in purchases abroad of polishes and creams for wooden furniture and floors, which decreased by X% to X tons in 2022. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, wooden furniture treatments imports contracted slightly to $X in 2022. In general, imports recorded a pronounced reduction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of wooden furniture treatments imports in 2022 were the United States (X tons) and Canada (X tons), together amounting to X% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the United States (with a CAGR of X%).

In value terms, the largest wooden furniture treatments importing markets in Northern America were Canada ($X) and the United States ($X).

In terms of the main importing countries, Canada, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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