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

United Kingdom - Polishes and Creams for Wooden Furniture and Floors - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Wooden Furniture Treatments Market 2023

Wooden Furniture Treatments Market Size in the UK

The UK wooden furniture treatments market declined to $X in 2021, leveling off at the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Wooden furniture treatments consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Wooden Furniture Treatments Production in the UK

In value terms, wooden furniture treatments production rose slightly to $X in 2021 estimated in export price. In general, production, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2014 when the production volume increased by 112% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Wooden Furniture Treatments Exports

Exports from the UK

Wooden furniture treatments exports from the UK contracted to X tons in 2021, falling by -11.5% on the year before. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2019 when exports increased by 6.1% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, wooden furniture treatments exports expanded notably to $X in 2021. Overall, exports showed a deep downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tons) was the main destination for wooden furniture treatments exports from the UK, with a 28% share of total exports. Moreover, wooden furniture treatments exports to Ireland exceeded the volume sent to the second major destination, Kuwait (X tons), threefold. Australia (X tons) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland amounted to -14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+18.2% per year) and Australia (+14.6% per year).

In value terms, the largest markets for wooden furniture treatments exported from the UK were Ireland ($X), the United States ($X) and Spain ($X), together comprising 45% of total exports. These countries were followed by China, Kuwait, the United Arab Emirates, Australia, Poland, Germany, Saudi Arabia, Jordan, Egypt and Norway, which together accounted for a further 33%.

Jordan, with a CAGR of +49.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wooden furniture treatments export price amounted to $X per ton, jumping by 28% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +10.2% 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 increased by +139.0% against 2012 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Norway ($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 Spain (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports

Imports into the UK

In 2021, after two years of growth, there was significant decline in overseas purchases of polishes and creams for wooden furniture and floors, when their volume decreased by -16.3% to X tons. Overall, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2020 with an increase of 74%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, wooden furniture treatments imports dropped notably to $X in 2021. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of wooden furniture treatments to the UK, with a 71% share of total imports. Moreover, wooden furniture treatments imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Turkey (X tons), eightfold. France (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+22.2% per year) and France (-5.1% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of wooden furniture treatments to the UK, comprising 50% of total imports. The second position in the ranking was taken by France ($X), with an 18% share of total imports. It was followed by Germany, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.2% per year) and Germany (-1.4% per year).

Import Prices by Country

The average wooden furniture treatments import price stood at $X per ton in 2021, waning by -6.8% against the previous year. Over the period under review, the import price saw a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the prices for the other major suppliers experienced a decline.

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 accounting for 51% of global production.
What are the leading suppliers of polishes and creams for wooden furniture and floors to the UK?
+
In value terms, the Netherlands constituted the largest supplier of wooden furniture treatments to the UK, comprising 50% of total imports. The second position in the ranking was taken by France, with an 18% share of total imports. It was followed by Germany, with a 5.9% share.
What are the leading importers of polishes and creams for wooden furniture and floors from the UK?
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In value terms, Ireland, the United States and Spain appeared to be the largest markets for wooden furniture treatments exported from the UK worldwide, with a combined 45% share of total exports. China, Kuwait, the United Arab Emirates, Australia, Poland, Germany, Saudi Arabia, Jordan, Egypt and Norway lagged somewhat behind, together comprising a further 33%.
What is the average export price for polishes and creams for wooden furniture and floors in the UK?
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The average wooden furniture treatments export price stood at $4,801 per ton in 2021, rising by 28% against the previous year.
What is the average import price for polishes and creams for wooden furniture and floors in the UK?
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In 2021, the average wooden furniture treatments import price amounted to $1,711 per ton, with a decrease of -6.8% against the previous year.

This report provides an in-depth analysis of the wooden furniture treatments market in the UK. 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 Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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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