Report U.S. - Polishes and Creams for Wooden Furniture and Floors - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 19, 2023

U.S. - Polishes and Creams for Wooden Furniture and Floors - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Wooden Furniture Treatments Market 2023

Wooden Furniture Treatments Market Size in the U.S.

After two years of decline, the U.S. wooden furniture treatments market increased by 7.3% to $X in 2021. Over the period under review, consumption, however, continues to indicate a pronounced decline. Wooden furniture treatments consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wooden Furniture Treatments Production in the U.S.

In value terms, wooden furniture treatments production rose significantly to $X in 2021. In general, production, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2016 with an increase of 44% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Wooden Furniture Treatments Exports

Exports from the U.S.

In 2021, shipments abroad of polishes and creams for wooden furniture and floors increased by 0.1% to X tons, rising for the fourth year in a row after five years of decline. Overall, exports, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wooden furniture treatments exports stood at $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 9.7%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for wooden furniture treatments exports from the United States, accounting for a 54% share of total exports. Moreover, wooden furniture treatments exports to Canada exceeded the volume sent to the second major destination, Australia (X tons), sevenfold. China (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to Canada amounted to -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+5.9% per year) and China (+20.2% per year).

In value terms, Canada ($X) remains the key foreign market for wooden furniture treatments exports from the United States, comprising 46% of total exports. The second position in the ranking was held by China ($X), with a 10% share of total exports. It was followed by Australia, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to Canada totaled -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+27.1% per year) and Australia (+5.5% per year).

Export Prices by Country

The average wooden furniture treatments export price stood at $X per ton in 2021, growing by 3.9% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden furniture treatments export price decreased by -31.6% against 2017 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports

Imports into the U.S.

In 2021, supplies from abroad of polishes and creams for wooden furniture and floors decreased by -12.1% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 31% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, wooden furniture treatments imports amounted to $X in 2021. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2013 when imports increased by 31%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Canada (X tons), China (X tons) and Mexico (X tons) were the main suppliers of wooden furniture treatments imports to the United States, with a combined 69% share of total imports. These countries were followed by Turkey, Denmark, the UK, the Netherlands, Belgium and Italy, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +43.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X), Denmark ($X) and the UK ($X) constituted the largest wooden furniture treatments suppliers to the United States, together comprising 52% of total imports. These countries were followed by China, Mexico, the Netherlands, Belgium, Turkey and Italy, which together accounted for a further 42%.

Among the main suppliers, Turkey, with a CAGR of +27.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden furniture treatments import price stood at $X per ton in 2021, increasing by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for polishes and creams for wooden furniture and floors in the world?
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The countries with the highest volumes of consumption in 2021 were China, Italy and the United States, together accounting for 49% of global consumption.
What are the largest producers of polishes and creams for wooden furniture and floors in the world?
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The countries with the highest volumes of production in 2021 were China, Italy and the United States, together comprising 51% of global production.
What are the leading suppliers of polishes and creams for wooden furniture and floors to the U.S.?
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In value terms, the largest wooden furniture treatments suppliers to the United States were Canada, Denmark and the UK, together accounting for 52% of total imports. China, Mexico, the Netherlands, Belgium, Turkey and Italy lagged somewhat behind, together comprising a further 42%.
What are the leading importers of polishes and creams for wooden furniture and floors from the U.S.?
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In value terms, Canada remains the key foreign market for wooden furniture treatments exports from the United States, comprising 46% of total exports. The second position in the ranking was taken by China, with a 10% share of total exports. It was followed by Australia, with a 6.6% share.
What is the average export price for polishes and creams for wooden furniture and floors in the U.S.?
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In 2021, the average wooden furniture treatments export price amounted to $3,515 per ton, rising by 3.9% against the previous year.
What is the average import price for polishes and creams for wooden furniture and floors in the U.S.?
+
The average wooden furniture treatments import price stood at $3,648 per ton in 2021, growing by 15% against the previous year.

This report provides an in-depth analysis of the wooden furniture treatments market in the U.S.. 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.


Product coverage:
• Prodcom 20414350 - Polishes, creams and similar preparations, for the maintenance of wooden furniture, floors or other woodwork (excluding artificial and prepared waxes)
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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