Algeria: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Algeria

The Algerian wooden bedroom furniture market dropped slightly to $X in 2022, which is down by -3% against the previous year. Over the period under review, consumption recorded a deep reduction. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Wooden Bedroom Furniture Production in Algeria

In value terms, wooden bedroom furniture production declined modestly to $X in 2022 estimated in export price. In general, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 21%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Wooden Bedroom Furniture Exports

Exports from Algeria

In 2022, the amount of wooden furniture of a kind used in the bedroom exported from Algeria skyrocketed to X units, increasing by 126% against 2021 figures. Over the period under review, exports recorded a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of 345% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden bedroom furniture exports skyrocketed to $X in 2022. Overall, exports continue to indicate resilient growth. The growth pace was the most rapid in 2017 with an increase of 331% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X units), France (X units) and Belgium (X units) were the main destinations of wooden bedroom furniture exports from Algeria, together accounting for 91% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +22.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden bedroom furniture exported from Algeria were France ($X), Turkey ($X) and Costa Rica ($X), with a combined 87% share of total exports.

Costa Rica, with a CAGR of +37.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden bedroom furniture export price amounted to $X per unit, falling by -15.5% against the previous year. Over the period under review, the export price continues to indicate a mild contraction. The growth pace was the most rapid in 2021 when the average export price increased by 24% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($X per unit), while the average price for exports to Angola ($X 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 Costa Rica (+23.0%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Bedroom Furniture Imports

Imports into Algeria

In 2022, approx. X units of wooden furniture of a kind used in the bedroom were imported into Algeria; falling by -5.5% compared with the previous year's figure. Over the period under review, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2019 when imports increased by 15% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, wooden bedroom furniture imports contracted to $X in 2022. Overall, imports faced a abrupt slump. The pace of growth was the most pronounced in 2016 when imports increased by 18%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Malaysia (X units), Turkey (X units) and China (X units) were the main suppliers of wooden bedroom furniture imports to Algeria, together accounting for 65% of total imports. Italy, Poland, Tunisia, France, Greece, the UK, Germany, Morocco and Spain lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +64.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden bedroom furniture suppliers to Algeria were Turkey ($X), China ($X) and Malaysia ($X), together accounting for 57% of total imports. Italy, Tunisia, Poland, the UK, France, Morocco, Spain, Germany and Greece lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Morocco, with a CAGR of +56.5%, saw 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 average wooden bedroom furniture import price stood at $X per unit in 2022, rising by 3.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 29%. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 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 China ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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