Europe: Market for Furnishing Articles, Furniture and Cushion Covers 2024

Market Size for Furnishing Articles, Furniture and Cushion Covers in Europe

The Europe market for furnishing articles, furniture and cushion covers declined to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Production of Furnishing Articles, Furniture and Cushion Covers in Europe

In value terms, production of furnishing articles, furniture and cushion covers shrank to $X in 2022 estimated in export price. Overall, production recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Furnishing Articles, Furniture and Cushion Covers

Exports in Europe

In 2022, overseas shipments of furnishing articles, furniture and cushion covers increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of furnishing articles, furniture and cushion covers fell to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the Netherlands (X tons), distantly followed by Germany (X tons), Spain (X tons), Poland (X tons), Ukraine (X tons), Belgium (X tons) and Romania (X tons) represented the main exporters of furnishing articles, furniture and cushion covers, together mixing up X% of total exports. The following exporters - the Czech Republic (X tons), France (X tons), Italy (X tons), Hungary (X tons), Denmark (X tons) and Lithuania (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest furnishing article, furniture and cushion cover supplying countries in Europe were Germany ($X), Spain ($X) and Poland ($X), together accounting for X% of total exports. The Netherlands, Ukraine, Romania, Italy, the Czech Republic, France, Belgium, Denmark, Lithuania and Hungary lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price recorded a perceptible descent. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Furnishing Articles, Furniture and Cushion Covers

Imports in Europe

In 2022, approx. X tons of furnishing articles, furniture and cushion covers were imported in Europe; with an increase of X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, imports of furnishing articles, furniture and cushion covers amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

The countries with the highest levels of imports of furnishing articles, furniture and cushion covers in 2022 were Germany (X tons), the Netherlands (X tons), France (X tons) and the UK (X tons), together accounting for X% of total import. It was distantly followed by Italy (X tons), Spain (X tons) and Poland (X tons), together making up a X% share of total imports. Romania (X tons), Belgium (X tons), Denmark (X tons), Sweden (X tons), Russia (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. The Netherlands, Poland, Spain, Italy, Denmark, Belgium, Sweden, Romania, Portugal and Russia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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