Benelux: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Benelux

The Benelux wooden furniture treatments market contracted to $X in 2022, dropping by -14.3% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Wooden Furniture Treatments Production in Benelux

In value terms, wooden furniture treatments production expanded modestly to $X in 2022 estimated in export price. In general, production recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 34%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wooden Furniture Treatments Exports

Exports in Benelux

In 2022, shipments abroad of polishes and creams for wooden furniture and floors decreased by -6.3% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of 48% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden furniture treatments exports fell to $X in 2022. Overall, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands prevails in exports structure, recording X tons, which was approx. 98% of total exports in 2022. Belgium (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the polishes and creams for wooden furniture and floors exports, with a CAGR of -5.2% from 2012 to 2022. Belgium (-9.2%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest wooden furniture treatments supplier in Benelux, comprising 92% of total exports. The second position in the ranking was held by Belgium ($X), with a 7.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to -4.4%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, waning by -3.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 32%. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%).

Wooden Furniture Treatments Imports

Imports in Benelux

In 2022, imports of polishes and creams for wooden furniture and floors in Benelux dropped notably to X tons, which is down by -34% compared with 2021 figures. Overall, imports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 111% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, wooden furniture treatments imports shrank dramatically to $X in 2022. In general, imports recorded a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 147%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Belgium was the key importing country with an import of about X tons, which reached 63% of total imports. It was distantly followed by the Netherlands (X tons), generating a 34% share of total imports. Luxembourg (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of -3.4%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2022.

Among the main importing countries, Belgium, with a CAGR of +0.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, shrinking by -2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2017 when the import price increased by 51%. Over the period under review, import prices reached the peak figure at $X per ton in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform