Bolivia: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Bolivia

The Bolivian wooden kitchen furniture market amounted to $X in 2022, remaining constant against the previous year. In general, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.3% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Wooden Kitchen Furniture Production in Bolivia

In value terms, wooden kitchen furniture production amounted to $X in 2022 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 76%. Wooden kitchen furniture production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Wooden Kitchen Furniture Exports

Exports from Bolivia

In 2022, shipments abroad of wooden furniture for kitchens was finally on the rise to reach X units after two years of decline. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 300% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, wooden kitchen furniture exports soared to $X in 2022. Over the period under review, exports, however, saw a abrupt contraction. The growth pace was the most rapid in 2018 when exports increased by 160%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for wooden kitchen furniture exports from Bolivia, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +7.8%.

In value terms, the United States ($X) also remains the key foreign market for wooden furniture for kitchens exports from Bolivia.

From 2012 to 2022, the average annual growth rate of value to the United States stood at -6.8%.

Export Prices by Country

In 2022, the average wooden kitchen furniture export price amounted to $X per unit, with a decrease of -3.4% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2013 an increase of 64% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -13.5% per year.

Wooden Kitchen Furniture Imports

Imports into Bolivia

After six years of decline, supplies from abroad of wooden furniture for kitchens increased by 51% to X units in 2022. Over the period under review, imports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2015 when imports increased by 71% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, wooden kitchen furniture imports surged to $X in 2022. In general, imports, however, saw a deep contraction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X units) constituted the largest wooden kitchen furniture supplier to Bolivia, accounting for a 71% share of total imports. Moreover, wooden kitchen furniture imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Malaysia (X units) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled -10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.6% per year) and Malaysia (+45.1% per year).

In value terms, Brazil ($X) constituted the largest supplier of wooden furniture for kitchens to Bolivia, comprising 72% of total imports. The second position in the ranking was held by China ($X), with a 23% share of total imports. It was followed by Malaysia, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to -9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.2% per year) and Malaysia (+54.5% per year).

Import Prices by Country

In 2022, the average wooden kitchen furniture import price amounted to $X per unit, increasing by 7.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 22%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform