U.S. - Wooden Furniture Of A Kind Used In The Kitchen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWooden Kitchen Furniture Prices in the United States
U.S. Wooden Kitchen Furniture Import Price in July 2022
In July 2022, the wooden kitchen furniture price amounted to $37 per unit (CIF, US), increasing by 8.2% against the previous month. Over the last six-month period, it increased at an average monthly rate of +4.4%. The most prominent rate of growth was recorded in March 2022 an increase of 9.2% against the previous month. The import price peaked in July 2022.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Mexico ($56 per unit), while the price for the UK ($10 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Wooden Kitchen Furniture Imports
In July 2022, approximately 7.1M units of wooden furniture for kitchens were imported into the United States; declining by -9.2% compared with the previous month. In general, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in March 2022 with an increase of 24% against the previous month. Over the period under review, imports reached the maximum at 8.6M units in May 2022; however, from June 2022 to July 2022, imports stood at a somewhat lower figure.
In value terms, wooden kitchen furniture imports shrank modestly to $264M (IndexBox estimates) in July 2022. The total import value increased at an average monthly rate of +2.2% over the period from January 2022 to July 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in March 2022 with an increase of 35% m-o-m. Imports peaked at 283M units in May 2022; however, from June 2022 to July 2022, imports stood at a somewhat lower figure.
U.S. Wooden Kitchen Furniture Imports by Country
In July 2022, Vietnam (2.2M units) constituted the largest supplier of wooden kitchen furniture to the United States, with a 30% share of total imports. Moreover, wooden kitchen furniture imports from Vietnam exceeded the figures recorded by the second-largest supplier, Canada (800K units), threefold. Malaysia (796K units) ranked third in terms of total imports with an 11% share.
From January 2022 to July 2022, the average monthly growth rate of volume from Vietnam totaled -3.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+8.8% per month) and Malaysia (-8.8% per month).
In value terms, Vietnam ($100M) constituted the largest supplier of wooden kitchen furniture to the United States, comprising 38% of total imports. The second position in the ranking was taken by Canada ($38M), with a 14% share of total imports. It was followed by Malaysia, with a 12% share.
From January 2022 to July 2022, the average monthly growth rate of value from Vietnam stood at +8.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+3.6% per month) and Malaysia (-6.2% per month).
This report provides an in-depth analysis of the wooden kitchen furniture market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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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In 2020, American imports of wooden furniture for kitchens soared by +22% y-o-y to 52M units or $1.9B in value terms. Supplies from Vietnam and Malaysia offset the dramatic drop in imports from China after the tariffs on Chinese products increased. Among other countries, Indonesia, Taiwan, Thailand and Mexico saw the highest spikes in wooden kitchen furniture exports to the U.S. The average wooden kitchen furniture import price dropped by -18.1% against the previous year.
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