Saudi Arabia: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Saudi Arabia

The Saudi wooden furniture treatments market dropped to $X in 2022, reducing by X% against the previous year. Overall, consumption continues to indicate a pronounced shrinkage. Wooden furniture treatments consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Wooden Furniture Treatments Production in Saudi Arabia

In value terms, wooden furniture treatments production contracted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Wooden Furniture Treatments Exports

Exports from Saudi Arabia

In 2022, after four years of decline, there was significant growth in overseas shipments of polishes and creams for wooden furniture and floors, when their volume increased by X% to X tons. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden furniture treatments exports surged to $X in 2022. In general, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Bahrain (X tons) was the main destination for wooden furniture treatments exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, wooden furniture treatments exports to Bahrain exceeded the volume sent to the second major destination, Oman (X tons), twofold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bahrain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and the United Arab Emirates (X% per year).

In value terms, Bahrain ($X) emerged as the key foreign market for polishes and creams for wooden furniture and floors exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average wooden furniture treatments export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, showed a deep contraction. The growth pace was the most rapid in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports

Imports into Saudi Arabia

In 2015, after two years of decline, there was significant growth in purchases abroad of polishes and creams for wooden furniture and floors, when their volume increased by X% to X tons. Over the period under review, imports, however, recorded a deep reduction. Imports peaked at X tons in 2012; however, from 2013 to 2015, imports failed to regain momentum.

In value terms, wooden furniture treatments imports soared to $X in 2015. Overall, imports, however, recorded a abrupt downturn. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2015, imports remained at a lower figure.

Imports by Country

In 2015, Italy (X tons) constituted the largest wooden furniture treatments supplier to Saudi Arabia, with a X% share of total imports. Moreover, wooden furniture treatments imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold.

From 2012 to 2015, the average annual growth rate of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, Italy ($X) constituted the largest supplier of polishes and creams for wooden furniture and floors to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2015, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

Import Prices by Country

The average wooden furniture treatments import price stood at $X per ton in 2015, rising by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2015, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2015, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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