China - Wooden Furniture Of A Kind Used In Offices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWooden Office Furniture Prices in China
China Wooden Office Furniture Export Price in July 2022
In July 2022, the wooden office furniture price amounted to $55.0 per unit (FOB, China), with a decrease of -6.6% against the previous month. Over the last six months, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 15% against the previous month. As a result, the export price attained the peak level of $58.9 per unit, and then shrank in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($110 per unit), while the average price for exports to Poland ($11.7 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
China Wooden Office Furniture Exports
In July 2022, the amount of wooden furniture of a kind used in offices exported from China dropped to 1.8M units, which is down by -6.2% compared with the previous month. In general, exports recorded a noticeable descent. The most prominent rate of growth was recorded in March 2022 with an increase of 49% m-o-m. Over the period under review, the exports reached the peak figure at 2.4M units in January 2022; however, from February 2022 to July 2022, the exports stood at a somewhat lower figure.
In value terms, wooden office furniture exports fell to $97M (IndexBox estimates) in July 2022. Over the period under review, exports continue to indicate a noticeable slump. The growth pace was the most rapid in March 2022 with an increase of 43% against the previous month. The exports peaked at 117M units in January 2022; however, from February 2022 to July 2022, the exports remained at a lower figure.
China Wooden Office Furniture Exports by Country
The United States (766K units) was the main destination for wooden office furniture exports from China, accounting for a 43% share of total exports. Moreover, wooden office furniture exports to the United States exceeded the volume sent to the second major destination, Japan (219K units), threefold. The third position in this ranking was held by South Korea (122K units), with a 6.9% share.
From January 2022 to July 2022, the average monthly growth rate of volume to the United States totaled -2.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-6.1% per month) and South Korea (-7.2% per month).
In value terms, the United States ($38M) remains the key foreign market for wooden office furniture exports from China, comprising 39% of total exports. The second position in the ranking was taken by Japan ($10M), with a 10% share of total exports. It was followed by Saudi Arabia, with a 4% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of value to the United States amounted to -3.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-6.7% per month) and Saudi Arabia (-1.6% per month).
This report provides an in-depth analysis of the wooden office furniture market in China. 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 31011200 - Wooden furniture of a kind used in offices
- Prodcom 31021000 - Kitchen furniture
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
345
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During the period analyzed, exports of Wooden Office Furniture peaked at 30 million units in 2021. However, from 2022 to 2023, export growth stalled. In terms of value, the exports of wooden office furniture increased significantly to $1.3 billion in 2023.
943
February 2023 wood office furniture prices were $50.6 (FOB China) per unit, a drop of -21.1% from previous month.
407
In September 2022, the wooden office furniture price stood at $52.1 per unit (FOB, China), surging by 2.2% against the previous month.
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Metal Office Furniture exports reached a peak of $1.1B in 2024 and are expected to continue growing steadily in the future.
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