Macedonia: Wooden Kitchen Furniture Market 2020

Wooden Kitchen Furniture Market Size in Macedonia

The revenue of the wooden kitchen furniture market in Macedonia amounted to $X in 2018, increasing by X% against the previous year. Overall, wooden kitchen furniture consumption continues to indicate a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, the wooden kitchen furniture market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Wooden Kitchen Furniture Production in Macedonia

In value terms, wooden kitchen furniture production amounted to $X in 2018 estimated in export prices. In general, wooden kitchen furniture production continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2013 when production volume increased by X% y-o-y. Over the period under review, wooden kitchen furniture production reached its maximum level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Wooden Kitchen Furniture Exports

Exports from Macedonia

Wooden kitchen furniture exports from Macedonia stood at X units in 2018, increasing by X% against the previous year. Over the period under review, wooden kitchen furniture exports continue to indicate an extraordinary expansion. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, wooden kitchen furniture exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, wooden kitchen furniture exports stood at $X in 2018. In general, wooden kitchen furniture exports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, wooden kitchen furniture exports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

China (X units) and Germany (X units) represented roughly X% of total exports of wooden furniture for kitchens in 2018. Italy (X units) held an X% share (based on tons) of total exports, which put it in second place, followed by Canada (X%). The following exporters - Spain (X units), Poland (X units), Vietnam (X units), Malaysia (X units), Denmark (X units), the U.S. (X units), Sweden (X units) and France (X units) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Macedonia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Italy ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Canada, Denmark, Malaysia, Vietnam, Spain, Poland, the U.S., France, Sweden and Macedonia, which together accounted for a further X recorded the highest rates of growth with regard to market size, among the main exporting countries over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The wooden kitchen furniture export price in Macedonia stood at $X per unit in 2018, going down by -X% against the previous year. Over the period under review, the wooden kitchen furniture export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2009 when the export price increased by X% y-o-y. Over the period under review, the export prices for wooden furniture for kitchens reached their peak figure at $X per unit in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Wooden Kitchen Furniture Imports

Imports into Macedonia

In 2018, the amount of wooden furniture for kitchens imported into Macedonia stood at X units, lowering by -X% against the previous year. Overall, wooden kitchen furniture imports, however, continue to indicate a notable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. In that year, wooden kitchen furniture imports reached their peak of X units, and then declined slightly in the following year.

In value terms, wooden kitchen furniture imports totaled $X in 2018. In general, wooden kitchen furniture imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. In that year, wooden kitchen furniture imports reached their peak of $X. From 2011 to 2018, the growth of wooden kitchen furniture imports remained at a somewhat lower figure.

Imports by Country

The U.S. represented the major importer of wooden furniture for kitchens imported in the world, with the volume of imports resulting at X units, which was approx. X% of total imports in 2018. It was distantly followed by France (X units) and Switzerland (X units), together committing a X% share of total imports. China (X units), Germany (X units), Russia (X units), the Netherlands (X units), Austria (X units), Luxembourg (X units), the UK (X units), Norway (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to wooden kitchen furniture imports into the U.S. stood at +X%. At the same time, Luxembourg (+X%), China (+X%), the United Arab Emirates (+X%), Switzerland (+X%), Austria (+X%), Russia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. France and Norway experienced a relatively flat trend pattern. By contrast, the UK (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), China (+X p.p.), Luxembourg (+X p.p.), Switzerland (+X p.p.) and the United Arab Emirates (+X p.p.) significantly strengthened its position in terms of the global imports, while the UK and the Netherlands saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported wooden furniture for kitchens into Macedonia, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: France (+X% per year) and the Netherlands (-X% per year).

Import Prices by Country

The wooden kitchen furniture import price in Macedonia stood at $X per unit in 2018, surging by X% against the previous year. In general, the wooden kitchen furniture import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. In that year, the import prices for wooden furniture for kitchens attained their peak level of $X per unit. From 2015 to 2018, the growth in terms of the import prices for wooden furniture for kitchens remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform