Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands - 2023
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands (CIF) - 2023
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands (FOB) - 2023
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands (CIF) - 2023
In November 2023, the average import price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $76.9 per unit, flattening at the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 75% against the previous month. Over the period under review, average import prices reached the maximum at $86.2 per unit in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Indonesia ($107 per unit), while the price for China ($48.8 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 Romania (+7.9%), 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 the Netherlands (FOB) - 2023
The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $110 per unit in November 2023, increasing by 3.1% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 80% month-to-month. Over the period under review, the average export prices attained the peak figure at $128 per unit in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($541 per unit), while the average price for exports to Bonaire ($89.7 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Curacao (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands
After three years of growth, purchases abroad of furniture; wooden, other than for office, kitchen or bedroom use decreased by -8.8% to 14M units in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% 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 +72.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 51%. Imports peaked at 15M units in 2021, and then shrank in the following year.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use declined to $1.1B in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $1.2B, and then shrank in the following year.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.7 | 143 | 233 | 192 | 26.6% |
| Germany | 156 | 125 | 168 | 176 | 4.1% |
| Poland | 97.5 | 110 | 139 | 133 | 10.9% |
| Belgium | 134 | 123 | 115 | 128 | -1.5% |
| Indonesia | 66.8 | 63.5 | 83.6 | 74.7 | 3.8% |
| India | 56.1 | 51.4 | 80.8 | 59.0 | 1.7% |
| Lithuania | 23.2 | 30.5 | 43.2 | 56.7 | 34.7% |
| Italy | 21.1 | 21.7 | 24.7 | 46.7 | 30.3% |
| Romania | 43.6 | 51.5 | 60.8 | 42.4 | -0.9% |
| Denmark | 24.9 | 30.4 | 34.6 | 39.1 | 16.2% |
| Vietnam | 38.2 | 36.3 | 37.6 | 33.7 | -4.1% |
| Sweden | 18.4 | 20.3 | 19.1 | 20.0 | 2.8% |
| Slovakia | 0.3 | 0.9 | 4.1 | 12.3 | 244.8% |
| Others | 91.0 | 96.6 | 116 | 121 | 10.0% |
| Total | 866 | 904 | 1,160 | 1,134 | 9.4% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to the Netherlands in 2022:
- China (2867.6K units)
- Poland (1839.0K units)
- Germany (1724.7K units)
- Belgium (1417.2K units)
- Lithuania (1206.9K units)
- India (647.2K units)
- Indonesia (576.2K units)
- Romania (525.5K units)
- Italy (392.5K units)
- Denmark (344.1K units)
- Vietnam (304.6K units)
- Sweden (239.3K units)
- Slovakia (230.6K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands
In 2022, approx. 6.2M units of furniture; wooden, other than for office, kitchen or bedroom use were exported from the Netherlands; falling by -8.6% on 2021. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 22%. Over the period under review, the exports of hit record highs at 7.7M 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 dropped modestly to $729M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. As a result, the exports attained the peak of $738M, and then contracted slightly in the following year.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 138 | 192 | 269 | 262 | 23.8% |
| Belgium | 114 | 122 | 147 | 133 | 5.3% |
| France | 60.8 | 66.7 | 79.2 | 82.0 | 10.5% |
| United Kingdom | 32.1 | 35.0 | 41.8 | 32.8 | 0.7% |
| Spain | 12.9 | 12.7 | 15.5 | 21.2 | 18.0% |
| Italy | 12.6 | 11.0 | 13.9 | 19.2 | 15.1% |
| Switzerland | 14.8 | 20.3 | 19.0 | 17.5 | 5.7% |
| Poland | 6.7 | 11.9 | 10.9 | 16.0 | 33.7% |
| Ireland | 4.4 | 9.7 | 14.3 | 12.9 | 43.1% |
| Czech Republic | 4.7 | 5.1 | 7.2 | 8.3 | 20.9% |
| Others | 84.4 | 86.5 | 119 | 125 | 14.0% |
| Total | 485 | 573 | 738 | 729 | 14.6% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from the Netherlands in 2022:
- Germany (2712.6K units)
- Belgium (1186.9K units)
- France (626.9K units)
- United Kingdom (192.1K units)
- Ireland (179.3K units)
- Italy (162.8K units)
- Poland (152.4K units)
- Spain (125.2K units)
- Czech Republic (114.2K units)
- Switzerland (66.8K units)
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