Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Qatar - 2023
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Qatar (CIF) - 2023
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Qatar
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Qatar (CIF) - 2023
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $71.1 per unit in October 2023, dropping by -1.8% against the previous month. Overall, the import price showed a mild setback. The pace of growth appeared the most rapid in January 2023 an increase of 34% month-to-month. Over the period under review, average import prices hit record highs at $177 per unit in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($79.9 per unit), while the price for Sweden ($35.5 per unit) was amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Qatar
In 2022, imports of furniture; wooden, other than for office, kitchen or bedroom use into Qatar surged to 782K units, jumping by 33% on the previous year. In general, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use soared to $79M in 2022. Over the period under review, imports saw a measured expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.9 | 9.8 | 14.7 | 21.5 | 13.0% |
| Turkey | 13.7 | 8.6 | 4.1 | 14.7 | 2.4% |
| Italy | 19.9 | 7.5 | 6.5 | 9.0 | -23.2% |
| Malaysia | 1.5 | 0.8 | 1.4 | 6.6 | 63.9% |
| Poland | 4.1 | 3.9 | 3.2 | 3.4 | -6.0% |
| Lithuania | 1.0 | 0.9 | 1.2 | 2.2 | 30.1% |
| Vietnam | 1.4 | 1.2 | 1.3 | 1.6 | 4.6% |
| India | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
| Others | 14.9 | 6.6 | 10.5 | 18.9 | 8.2% |
| Total | 71.9 | 39.8 | 43.6 | 78.7 | 3.1% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Qatar in 2022:
- Turkey (199.0K units)
- China (176.2K units)
- Poland (144.0K units)
- Italy (43.3K units)
- Lithuania (29.9K units)
- Malaysia (29.1K units)
- India (10.6K units)
- Vietnam (8.8K units)
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