Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine - 2023
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine (FOB) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine (CIF) - 2022
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine (FOB) - 2022
The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $57 per unit in 2022, reducing by -2.8% against the previous year. Overall, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 60% 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 remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($71 per unit), while the average price for exports to Romania ($44 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 Austria (-0.1%), while the prices for the other major destinations experienced a decline.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine (CIF) - 2022
In 2022, the average import price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $102 per unit, with an increase of 13% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $111 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($102 per unit) and the Czech Republic ($102 per unit), while the price for Romania ($102 per unit) and Spain ($102 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine
In 2022, shipments abroad of furniture; wooden, other than for office, kitchen or bedroom use decreased by -8.6% to 3.2M units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, the exports reached the peak of 3.5M units, and then reduced in the following year.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use contracted to $182M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +62.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52%. As a result, the exports attained the peak of $205M, and then shrank in the following year.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 34.5 | 39.7 | 62.1 | 56.9 | 18.1% |
| Poland | 19.8 | 28.2 | 39.5 | 34.3 | 20.1% |
| Austria | 7.8 | 8.8 | 14.5 | 15.6 | 26.0% |
| United Kingdom | 3.7 | 4.8 | 10.1 | 11.6 | 46.4% |
| Denmark | 3.1 | 5.2 | 8.5 | 7.6 | 34.8% |
| Bulgaria | 2.0 | 3.2 | 4.9 | 7.0 | 51.8% |
| Kazakhstan | 2.0 | 1.9 | 6.4 | 4.7 | 33.0% |
| Moldova | 3.3 | 3.3 | 4.4 | 4.1 | 7.5% |
| Spain | 2.2 | 2.7 | 5.1 | 4.1 | 23.1% |
| Romania | 2.4 | 3.3 | 4.9 | 4.0 | 18.6% |
| Slovakia | 1.7 | 2.4 | 4.5 | 4.0 | 33.0% |
| Switzerland | 0.4 | 0.9 | 2.5 | 2.8 | 91.3% |
| Belarus | 8.5 | 6.9 | 4.9 | 0.2 | -71.3% |
| Others | 20.9 | 23.6 | 33.2 | 25.5 | 6.9% |
| Total | 112 | 135 | 205 | 182 | 17.6% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Ukraine in 2022:
- Germany (1001.6K units)
- Poland (492.1K units)
- Austria (218.5K units)
- United Kingdom (209.2K units)
- Denmark (161.6K units)
- Bulgaria (149.4K units)
- Kazakhstan (99.4K units)
- Romania (90.6K units)
- Moldova (86.1K units)
- Spain (74.3K units)
- Slovakia (68.1K units)
- Switzerland (61.0K units)
- Belarus (3.6K units)
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine
In 2022, supplies from abroad of furniture; wooden, other than for office, kitchen or bedroom use decreased by -54.1% to 229K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 46%. Imports peaked at 499K units in 2021, and then shrank dramatically in the following year.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use dropped notably to $23M in 2022. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. As a result, imports reached the peak of $45M, and then shrank notably in the following year.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 9.1 | 11.5 | 13.4 | 9.5 | 1.4% |
| China | 7.6 | 7.4 | 10.0 | 6.1 | -7.1% |
| Italy | 5.0 | 6.3 | 7.5 | 3.3 | -12.9% |
| Turkey | 1.2 | 1.5 | 3.3 | 0.9 | -9.1% |
| Malaysia | 0.8 | 0.8 | 0.6 | 0.8 | 0.0% |
| Germany | 0.8 | 1.2 | 1.3 | 0.7 | -4.4% |
| Lithuania | 0.3 | 0.5 | 1.3 | 0.5 | 18.6% |
| Belarus | 0.2 | 0.6 | 1.0 | 0.2 | 0.0% |
| Vietnam | 0.3 | 0.6 | 0.8 | 0.2 | -12.6% |
| Spain | 1.0 | 0.1 | 1.6 | 0.1 | -53.6% |
| Others | 2.5 | 2.5 | 4.4 | 1.3 | -19.6% |
| Total | 28.7 | 32.9 | 45.4 | 23.5 | -6.4% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Ukraine in 2022:
- Poland (92.6K units)
- China (59.5K units)
- Italy (32.4K units)
- Turkey (8.5K units)
- Malaysia (7.5K units)
- Germany (7.0K units)
- Lithuania (4.5K units)
- Vietnam (1.7K units)
- Belarus (1.5K units)
- Spain (0.8K units)
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