Benelux: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Benelux

For the seventh consecutive year, the Benelux wooden kitchen furniture market recorded growth in sales value, which increased by 3.3% to $X in 2022. Overall, consumption, however, posted a resilient increase. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Wooden Kitchen Furniture Production in Benelux

In value terms, wooden kitchen furniture production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate temperate growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by 135%. Over the period under review, production attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Wooden Kitchen Furniture Exports

Exports in Benelux

In 2022, approx. X units of wooden furniture for kitchens were exported in Benelux; declining by -41.1% against the previous year. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of 31%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wooden kitchen furniture exports declined dramatically to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, the exports reached the peak of $X, and then shrank sharply in the following year.

Exports by Country

In 2022, the Netherlands (X units) represented the key exporter of wooden furniture for kitchens, committing 65% of total exports. It was distantly followed by Belgium (X units), comprising a 34% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of -4.1%).

In value terms, the Netherlands ($X) remains the largest wooden kitchen furniture supplier in Benelux, comprising 75% of total exports. The second position in the ranking was held by Belgium ($X), with a 24% share of total exports.

In the Netherlands, wooden kitchen furniture exports expanded at an average annual rate of +3.9% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, rising by 37% against the previous year. In general, the export price saw prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.2%).

Wooden Kitchen Furniture Imports

Imports in Benelux

In 2022, after seven years of growth, there was significant decline in overseas purchases of wooden furniture for kitchens, when their volume decreased by -10.2% to X units. In general, imports, however, showed prominent growth. The growth pace was the most rapid in 2013 when imports increased by 55%. The volume of import peaked at X units in 2021, and then declined in the following year.

In value terms, wooden kitchen furniture imports fell to $X in 2022. Over the period under review, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, the Netherlands (X units) was the major importer of wooden furniture for kitchens, achieving 75% of total imports. Belgium (X units) held the second position in the ranking, distantly followed by Luxembourg (X units). All these countries together held near 25% share of total imports.

The Netherlands was also the fastest-growing in terms of the wooden furniture for kitchens imports, with a CAGR of +12.6% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. Luxembourg (-3.0%) illustrated a downward trend over the same period. While the share of the Netherlands (+22 p.p.) and Luxembourg (+5.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-27.8 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported wooden furniture for kitchens in Benelux, comprising 75% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports.

In the Netherlands, wooden kitchen furniture imports expanded at an average annual rate of +12.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (-0.9% per year) and Luxembourg (-0.3% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, shrinking by -3.4% against the previous year. Over the period under review, the import price saw a mild downturn. The pace of growth was the most pronounced in 2014 when the import price increased by 37%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform