Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran - 2022

Contents:

  1. Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran (CIF) - 2022
  2. Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran (FOB) - 2022
  3. Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran
  4. Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran

Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran (CIF) - 2022

The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $65 per unit in 2022, which is down by -17% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 64% against the previous year. As a result, import price attained the peak level of $100 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($78 per unit), while the price for India ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran (FOB) - 2022

The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $30 per unit in 2022, falling by -19.1% against the previous year. Overall, the export price recorded a abrupt slump. The growth pace was the most rapid in 2018 when the average export price increased by 39%. As a result, the export price attained the peak level of $91 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($49 per unit), while the average price for exports to Armenia ($15 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran

For the third year in a row, Iran recorded decline in supplies from abroad of furniture; wooden, other than for office, kitchen or bedroom use, which decreased by -3% to 53K units in 2022. Over the period under review, imports recorded a sharp slump. Imports peaked at 142K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use contracted significantly to $3.5M in 2022. Overall, imports continue to indicate a sharp shrinkage. Imports peaked at $14M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.93.51.41.8-22.7%
China1.10.61.70.6-18.3%
Malaysia0.30.10.30.410.1%
United Arab Emirates3.62.60.30.3-56.3%
Italy3.21.70.20.2-60.3%
France1.00.40.30.2-41.5%
GeorgiaN/A0.1N/AN/A0%
Others0.50.20.30.1-41.5%
Total13.59.24.33.5-36.2%

Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Iran in 2022:

  1. Turkey (22.9K units)
  2. Malaysia (10.4K units)
  3. China (10.3K units)
  4. United Arab Emirates (3.3K units)
  5. France (2.6K units)
  6. Italy (2.1K units)

Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran

For the third consecutive year, Iran recorded decline in shipments abroad of furniture; wooden, other than for office, kitchen or bedroom use, which decreased by -52.7% to 73K units in 2022. In general, exports continue to indicate a precipitous decline. The smallest decline of -14.9% was in 2020. Over the period under review, the exports of attained the peak figure at 216K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use fell dramatically to $2.2M in 2022. Over the period under review, exports recorded a significant decrease. The smallest decline of -38.1% was in 2021. The exports peaked at $15M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia95442.7595386-26.0%
SpainN/AN/A9.83103063.3%
United Arab Emirates347273523248-10.6%
United Kingdom284296371202-10.7%
Armenia1,936771441175-55.1%
Oman2,2831,295960133-61.2%
Canada325503241102-32.0%
Kazakhstan46224829299.6-40.0%
Turkey38.552078.367.520.6%
Azerbaijan1,32387342064.8-63.4%
Germany1,29277431656.4-64.8%
Tajikistan51.833016740.0-8.3%
Austria74660710737.3-63.2%
Others5,0662,8191,267295-61.2%
Total15,1109,3525,7882,217-47.3%

Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Iran in 2022:

  1. Spain (13.8K units)
  2. Georgia (13.3K units)
  3. Armenia (11.4K units)
  4. United Arab Emirates (5.2K units)
  5. United Kingdom (4.9K units)
  6. Oman (3.4K units)
  7. Azerbaijan (3.1K units)
  8. Canada (2.5K units)
  9. Tajikistan (2.2K units)
  10. Kazakhstan (2.0K units)
  11. Turkey (1.5K units)
  12. Germany (1.4K units)
  13. Austria (0.8K units)

Source: IndexBox Market Intelligence Platform

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