Colombia - Wooden Furniture Of A Kind Used In The Kitchen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWooden Kitchen Furniture Price in Colombia - 2022
Contents:
- Wooden Kitchen Furniture Price in Colombia (FOB) - 2022
- Wooden Kitchen Furniture Price in Colombia (CIF) - 2022
- Wooden Kitchen Furniture Exports in Colombia
- Wooden Kitchen Furniture Imports in Colombia
Wooden Kitchen Furniture Price in Colombia (FOB) - 2022
The average wooden kitchen furniture export price stood at $72 per unit in 2022, flattening at the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden kitchen furniture export price decreased by -29.8% against 2018 indices. The growth pace was the most rapid in 2017 when the average export price increased by 30%. Over the period under review, the average export prices reached the peak figure at $102 per unit in 2018; however, from 2019 to 2022, the export prices remained at a 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 the United States ($77 per unit), while the average price for exports to Venezuela ($33 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 Guatemala (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Wooden Kitchen Furniture Price in Colombia (CIF) - 2022
In 2022, the average wooden kitchen furniture import price amounted to $47 per unit, shrinking by -8.9% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 21% against the previous year. The import price peaked at $97 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($263 per unit), while the price for Turkey ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Wooden Kitchen Furniture Exports in Colombia
In 2022, overseas shipments of wooden furniture for kitchens decreased by -15.9% to 125K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 172% against the previous year. The exports peaked at 149K units in 2021, and then contracted remarkably in the following year.
In value terms, wooden kitchen furniture exports reduced to $9M in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 140% against the previous year. Over the period under review, the exports reached the peak figure at $11M in 2021, and then contracted in the following year.
Export of Wooden Kitchen Furniture in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,324 | 5,104 | 6,609 | 5,940 | 64.9% |
El Salvador | 203 | 354 | 549 | 554 | 39.7% |
Costa Rica | 222 | 197 | 597 | 471 | 28.5% |
Guatemala | 244 | 332 | 444 | 409 | 18.8% |
Chile | 176 | 417 | 557 | 372 | 28.3% |
Panama | 104 | 68.0 | 178 | 178 | 19.6% |
Cayman Islands | 100 | 112 | 137 | 118 | 5.7% |
Ecuador | 171 | 125 | 124 | 86.7 | -20.3% |
Others | 544 | 686 | 1,362 | 849 | 16.0% |
Total | 3,087 | 7,397 | 10,557 | 8,977 | 42.7% |
Top Export Markets for Wooden Kitchen Furniture from Colombia in 2022:
- United States (77.3K units)
- Costa Rica (11.9K units)
- El Salvador (9.1K units)
- Guatemala (6.7K units)
- Chile (6.5K units)
- Panama (2.9K units)
- Cayman Islands (1.9K units)
- Ecuador (1.7K units)
Wooden Kitchen Furniture Imports in Colombia
After two years of decline, supplies from abroad of wooden furniture for kitchens increased by 3.2% to 128K units in 2022. Overall, imports, however, recorded a pronounced setback. Imports peaked at 142K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, wooden kitchen furniture imports shrank to $6M in 2022. Over the period under review, imports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, imports hit record highs at $6.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Wooden Kitchen Furniture in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3,907 | 3,773 | 3,936 | 3,300 | -5.5% |
Brazil | 748 | 819 | 1,071 | 694 | -2.5% |
China | 522 | 237 | 299 | 572 | 3.1% |
Germany | 628 | 440 | 466 | 342 | -18.3% |
Netherlands | 0.9 | 3.1 | 10.2 | 124 | 416.5% |
Malaysia | 360 | 48.2 | 31.4 | 121 | -30.5% |
Turkey | 1.0 | 17.2 | 0.3 | 24.2 | 189.2% |
Others | 384 | 239 | 515 | 776 | 26.4% |
Total | 6,551 | 5,577 | 6,331 | 5,954 | -3.1% |
Top Suppliers of Wooden Kitchen Furniture to Colombia in 2022:
- Italy (53.8K units)
- Brazil (30.3K units)
- China (23.0K units)
- Netherlands (3.8K units)
- Malaysia (3.7K units)
- Germany (3.3K units)
- Turkey (2.3K units)
This report provides an in-depth analysis of the wooden kitchen furniture market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31021000 - Kitchen furniture
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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