Belarus: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Belarus

The Belarusian wooden kitchen furniture market expanded modestly to $X in 2022, surging by 4.7% against the previous year. Over the period under review, consumption, however, saw a perceptible setback. Wooden kitchen furniture consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Wooden Kitchen Furniture Production in Belarus

In value terms, wooden kitchen furniture production totaled $X in 2022 estimated in export price. Overall, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 3.3% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports from Belarus

In 2022, wooden kitchen furniture exports from Belarus fell to X units, shrinking by -7.5% on the year before. Over the period under review, exports showed a noticeable downturn. The growth pace was the most rapid in 2017 when exports increased by 100% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wooden kitchen furniture exports surged to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 39% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for wooden kitchen furniture exports from Belarus, accounting for a 89% share of total exports. It was followed by Poland (X units), with a 2.3% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+33.1% per year) and Ukraine (+6.0% per year).

In value terms, Russia ($X) remains the key foreign market for wooden furniture for kitchens exports from Belarus, comprising 89% of total exports. The second position in the ranking was held by Poland ($X), with a 2.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+37.4% per year) and Ukraine (+9.5% per year).

Export Prices by Country

In 2022, the average wooden kitchen furniture export price amounted to $X per unit, growing by 34% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden kitchen furniture export price increased by +71.8% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Russia ($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 Poland (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Kitchen Furniture Imports

Imports into Belarus

In 2022, purchases abroad of wooden furniture for kitchens was finally on the rise to reach X units after two years of decline. Overall, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 90%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, wooden kitchen furniture imports skyrocketed to $X in 2022. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by 74%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest wooden kitchen furniture supplier to Belarus, accounting for a 58% share of total imports. Moreover, wooden kitchen furniture imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Russia (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+25.6% per year) and Russia (+13.3% per year).

In value terms, Italy ($X) constituted the largest supplier of wooden furniture for kitchens to Belarus, comprising 58% of total imports. The second position in the ranking was taken by Germany ($X), with a 24% share of total imports. It was followed by Russia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +27.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+26.0% per year) and Russia (+13.6% per year).

Import Prices by Country

The average wooden kitchen furniture import price stood at $X per unit in 2022, rising by 9.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 21% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per unit) and Italy ($X per unit), while the price for Ukraine ($X per unit) and Russia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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