Austria: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Austria

In 2021, the Austrian wooden office furniture market decreased by -14% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption saw a pronounced descent. Wooden office furniture consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Wooden Office Furniture Production in Austria

In value terms, wooden office furniture production totaled $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wooden Office Furniture Exports

Exports from Austria

In 2021, shipments abroad of wooden furniture of a kind used in offices was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 36% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, wooden office furniture exports rose markedly to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of 23%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for wooden office furniture exports from Austria, accounting for a 47% share of total exports. Moreover, wooden office furniture exports to Germany exceeded the volume sent to the second major destination, Kuwait (X units), fourfold. The third position in this ranking was held by France (X units), with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+34.6% per year) and France (-0.5% per year).

In value terms, Germany ($X) remains the key foreign market for wooden furniture of a kind used in offices exports from Austria, comprising 47% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 13% share of total exports. It was followed by France, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+41.0% per year) and France (+4.2% per year).

Export Prices by Country

In 2021, the average wooden office furniture export price amounted to $X per unit, surging by 8% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden office furniture export price increased by +78.1% against 2017 indices. The pace of growth appeared the most rapid in 2019 an increase of 40%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($X per unit) and Slovakia ($X per unit), while the average price for exports to the UK ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports into Austria

After three years of decline, overseas purchases of wooden furniture of a kind used in offices increased by 29% to X units in 2021. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, wooden office furniture imports surged to $X in 2021. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest wooden office furniture supplier to Austria, accounting for a 48% share of total imports. Moreover, wooden office furniture imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. The Czech Republic (X units) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+6.2% per year) and the Czech Republic (+14.0% per year).

In value terms, Germany ($X) constituted the largest supplier of wooden furniture of a kind used in offices to Austria, comprising 48% of total imports. The second position in the ranking was taken by Poland ($X), with a 14% share of total imports. It was followed by the Czech Republic, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.6% per year) and the Czech Republic (+12.3% per year).

Import Prices by Country

The average wooden office furniture import price stood at $X per unit in 2021, remaining stable against the previous year. Overall, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2020 when the average import price decreased by -1.5% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Poland ($X per unit) and Germany ($X per unit), while the price for Lithuania ($X per unit) and Ukraine ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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