Global Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size

The global wooden bedroom furniture market fell to $X in 2022, declining by X% against the previous year. In general, the total consumption indicated a pronounced increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the global market remained at a somewhat lower figure.

Wooden Bedroom Furniture Production

In value terms, wooden bedroom furniture production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, global production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Wooden Bedroom Furniture Exports

Exports

In 2022, global wooden bedroom furniture exports reduced to X units, shrinking by X% against 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the global exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, wooden bedroom furniture exports dropped modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, China (X units), distantly followed by Vietnam (X units), Malaysia (X units), Poland (X units) and Turkey (X units) were the main exporters of wooden furniture of a kind used in the bedroom, together creating X% of total exports. Italy (X units), Brazil (X units), Germany (X units), Lithuania (X units), Denmark (X units), Indonesia (X units) and Canada (X units) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest wooden bedroom furniture supplying countries worldwide were China ($X), Vietnam ($X) and Poland ($X), with a combined X% share of global exports. Malaysia, Turkey, Italy, Germany, Brazil, Lithuania, Indonesia, Canada and Denmark lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average wooden bedroom furniture export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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

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

Wooden Bedroom Furniture Imports

Imports

In 2022, approx. X units of wooden furniture of a kind used in the bedroom were imported worldwide; declining by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, global imports reached the peak figure at X units in 2021, and then contracted in the following year.

In value terms, wooden bedroom furniture imports rose slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Global imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

The United States represented the major importer of wooden furniture of a kind used in the bedroom in the world, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Germany (X units) took the second position in the ranking, followed by the UK (X units). All these countries together held near X% share of total imports. France (X units), Australia (X units), Canada (X units), Iraq (X units), the Netherlands (X units), Switzerland (X units), Malaysia (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wooden bedroom furniture imports into the United States stood at X%. At the same time, Malaysia (X%), Germany (X%), France (X%), Iraq (X%), the Netherlands (X%), the United Arab Emirates (X%), Australia (X%), the UK (X%) and Canada (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Switzerland experienced a relatively flat trend pattern. While the share of the United States (X p.p.) and Germany (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported wooden furniture of a kind used in the bedroom worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average wooden bedroom furniture import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a slight setback. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the Netherlands ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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