Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Sweden - 2023
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Sweden (CIF) - 2023
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Sweden (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Sweden
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Sweden
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Sweden (CIF) - 2023
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $68.8 per unit in November 2023, approximately reflecting the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 11% against the previous month. Over the period under review, average import prices reached the peak figure at $76.3 per unit in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($207 per unit), while the price for Ukraine ($44.1 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.6%), 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 Sweden (FOB) - 2022
In 2022, the average export price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $35 per unit, with a decrease of -8.7% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $97 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($84 per unit), while the average price for exports to Poland ($20 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 Finland (+2.1%), while the prices for the other major destinations experienced a decline.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Sweden
In 2022, imports of furniture; wooden, other than for office, kitchen or bedroom use into Sweden expanded to 6M units, increasing by 4.9% against the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 47%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use rose sharply to $421M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached 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 Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 74.9 | 75.8 | 84.8 | 92.9 | 7.4% |
| China | 49.0 | 46.3 | 63.6 | 65.5 | 10.2% |
| Lithuania | 46.5 | 49.5 | 44.7 | 56.5 | 6.7% |
| Denmark | 26.5 | 31.1 | 40.0 | 46.9 | 21.0% |
| Italy | 24.6 | 26.7 | 22.5 | 23.1 | -2.1% |
| Germany | 19.8 | 20.7 | 21.1 | 21.5 | 2.8% |
| Vietnam | 10.7 | 12.5 | 8.5 | 12.4 | 5.0% |
| Slovakia | 13.0 | 8.8 | 9.9 | 12.1 | -2.4% |
| Romania | 7.2 | 6.6 | 8.2 | 8.7 | 6.5% |
| Latvia | 3.8 | 4.6 | 6.1 | 8.5 | 30.8% |
| Czech Republic | 9.4 | 8.9 | 7.5 | 6.7 | -10.7% |
| Others | 50.5 | 48.0 | 60.0 | 66.0 | 9.3% |
| Total | 336 | 339 | 377 | 421 | 7.8% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Sweden in 2022:
- Poland (1581.3K units)
- Lithuania (1261.5K units)
- China (651.6K units)
- Denmark (605.9K units)
- Italy (434.0K units)
- Germany (299.4K units)
- Slovakia (194.7K units)
- Latvia (143.7K units)
- Vietnam (101.5K units)
- Romania (93.1K units)
- Czech Republic (59.5K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Sweden
In 2022, the amount of furniture; wooden, other than for office, kitchen or bedroom use exported from Sweden soared to 11M units, increasing by 16% compared with the year before. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 47% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use rose markedly to $396M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 80.5 | 79.0 | 79.2 | 85.6 | 2.1% |
| Denmark | 50.0 | 55.3 | 53.7 | 57.3 | 4.6% |
| Germany | 45.5 | 41.6 | 37.9 | 40.4 | -3.9% |
| Poland | 24.8 | 26.1 | 35.7 | 32.3 | 9.2% |
| Finland | 45.4 | 37.7 | 26.1 | 30.2 | -12.7% |
| United States | 14.3 | 16.8 | 20.9 | 24.4 | 19.5% |
| France | 13.0 | 10.4 | 14.0 | 17.0 | 9.4% |
| Netherlands | 19.8 | 20.5 | 18.1 | 15.5 | -7.8% |
| United Kingdom | 23.0 | 24.2 | 13.3 | 13.7 | -15.9% |
| Spain | 7.5 | 8.1 | 12.8 | 11.7 | 16.0% |
| Belgium | 14.6 | 11.4 | 9.6 | 10.7 | -9.8% |
| Italy | 8.6 | 7.2 | 9.0 | 10.1 | 5.5% |
| Others | 36.7 | 32.7 | 42.3 | 47.1 | 8.7% |
| Total | 384 | 371 | 372 | 396 | 1.0% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Sweden in 2022:
- Poland (1613.8K units)
- Germany (1379.2K units)
- Norway (1273.8K units)
- Denmark (1199.4K units)
- United States (973.6K units)
- France (688.2K units)
- Spain (523.6K units)
- United Kingdom (523.3K units)
- Belgium (522.5K units)
- Italy (434.2K units)
- Finland (358.9K units)
- Netherlands (314.5K units)
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