Brazil: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Brazil

The Brazilian wooden office furniture market reduced to $X in 2021, with a decrease of -6.6% against the previous year. In general, consumption recorded a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wooden Office Furniture Production in Brazil

In value terms, wooden office furniture production stood at $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt shrinkage. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wooden Office Furniture Exports

Exports from Brazil

In 2021, approx. X units of wooden furniture of a kind used in offices were exported from Brazil; with an increase of 76% compared with the year before. In general, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden office furniture exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Chile (X units) was the main destination for wooden office furniture exports from Brazil, accounting for a 32% share of total exports. Moreover, wooden office furniture exports to Chile exceeded the volume sent to the second major destination, Uruguay (X units), twofold. The third position in this ranking was taken by Paraguay (X units), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile totaled +48.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+13.9% per year) and Paraguay (-1.7% per year).

In value terms, the largest markets for wooden office furniture exported from Brazil were Chile ($X), Uruguay ($X) and the United States ($X), together comprising 50% of total exports. These countries were followed by Paraguay, Peru, Mexico, Colombia, Saint Lucia, Panama, France, Portugal, Ecuador and South Africa, which together accounted for a further 35%.

Portugal, with a CAGR of +95.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden office furniture export price stood at $X per unit in 2021, increasing by 5.9% against the previous year. Overall, the export price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Office Furniture Imports

Imports into Brazil

In 2021, overseas purchases of wooden furniture of a kind used in offices increased by 40% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2016 when imports increased by 148% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, wooden office furniture imports surged to $X in 2021. Over the period under review, imports posted a measured increase. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of wooden office furniture to Brazil, accounting for a 92% share of total imports. Moreover, wooden office furniture imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+15.5% per year) and Spain (+36.9% per year).

In value terms, China ($X) constituted the largest supplier of wooden furniture of a kind used in offices to Brazil, comprising 69% of total imports. The second position in the ranking was taken by Spain ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +20.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+34.1% per year) and Taiwan (Chinese) (+18.1% per year).

Import Prices by Country

The average wooden office furniture import price stood at $X per unit in 2021, increasing by 64% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2013 an increase of 116% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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