Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uzbekistan - 2023
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uzbekistan (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uzbekistan (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uzbekistan
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uzbekistan
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uzbekistan (CIF) - 2022
In 2022, the average import price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $257 per unit, with an increase of 62% against the previous year. Over the period under review, import price indicated prominent growth from 2017 to 2022: its price increased at an average annual rate of +10.5% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($354 per unit), while the price for Lithuania ($184 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.8%), 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 Uzbekistan (FOB) - 2022
In 2022, the average export price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $21 per unit, with an increase of 3.3% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 4.3% against the previous year. The export price peaked at $27 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 Kazakhstan ($39 per unit), while the average price for exports to Tajikistan ($16 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uzbekistan
In 2022, the amount of furniture; wooden, other than for office, kitchen or bedroom use imported into Uzbekistan surged to 90K units, rising by 104% on the previous year. Over the period under review, imports recorded significant growth. 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 surged to $23M in 2022. In general, imports saw a significant expansion. 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 Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.8 | 2.1 | 2.3 | 9.6 | 50.8% |
| Italy | 3.9 | 1.5 | 1.4 | 8.7 | 30.7% |
| China | 1.8 | 2.0 | 1.8 | 2.1 | 5.3% |
| Lithuania | 0.4 | 0.2 | 0.2 | 1.7 | 62.0% |
| United Arab Emirates | N/A | 0.1 | 0.2 | 0.6 | 144.9% |
| Ukraine | 0.4 | 0.3 | 0.1 | 0.1 | -37.0% |
| Russia | 0.3 | 0.5 | 0.5 | N/A | 29.1% |
| Others | 0.6 | 1.0 | 0.4 | 0.3 | -20.6% |
| Total | 10.2 | 7.8 | 7.0 | 23.2 | 31.5% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Uzbekistan in 2022:
- Turkey (45.5K units)
- Italy (25.4K units)
- Lithuania (9.5K units)
- China (5.8K units)
- United Arab Emirates (1.9K units)
- Ukraine (0.4K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uzbekistan
In 2022, approx. 21K units of furniture; wooden, other than for office, kitchen or bedroom use were exported from Uzbekistan; growing by 64% on the previous year. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 182%. As a result, the exports reached the peak of 21K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use skyrocketed to $440K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 144% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | 87.1 | 183 | 42.7 | 232 | 38.6% |
| Kazakhstan | 29.1 | 132 | 101 | 112 | 56.7% |
| Greece | N/A | N/A | N/A | 48.9 | 0% |
| Kyrgyzstan | 27.6 | 29.1 | 93.2 | 37.5 | 10.8% |
| Germany | N/A | 31.9 | N/A | N/A | 0% |
| Others | 30.5 | 48.7 | 22.5 | 8.8 | -33.9% |
| Total | 174 | 425 | 260 | 440 | 36.2% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Uzbekistan in 2022:
- Tajikistan (14.8K units)
- Kazakhstan (2.8K units)
- Kyrgyzstan (1.5K units)
- Greece (1.2K units)
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