Cote d'Ivoire: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Cote d'Ivoire

The Cote d'Ivoire's wooden bedroom furniture market amounted to $X in 2022, with an increase of 3.6% against the previous year. The market value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Wooden Bedroom Furniture Production in Cote d'Ivoire

In value terms, wooden bedroom furniture production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 31%. Wooden bedroom furniture production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Wooden Bedroom Furniture Exports

Exports from Cote d'Ivoire

In 2022, shipments abroad of wooden furniture of a kind used in the bedroom decreased by -15.1% to X units for the first time since 2011, thus ending a ten-year rising trend. Overall, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of X units, and then declined rapidly in the following year.

In value terms, wooden bedroom furniture exports fell rapidly to $X in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 54% against the previous year. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

The United States (X units), Burundi (X units) and Belgium (X units) were the main destinations of wooden bedroom furniture exports from Cote d'Ivoire, together comprising 77% of total exports. South Africa, Togo and Niger lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +73.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Burundi ($X) and Belgium ($X) were the largest markets for wooden bedroom furniture exported from Cote d'Ivoire worldwide, with a combined 73% share of total exports. Togo, Niger and South Africa lagged somewhat behind, together accounting for a further 13%.

In terms of the main countries of destination, South Africa, with a CAGR of +177.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden bedroom furniture export price amounted to $X per unit, waning by -2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. The growth pace was the most rapid in 2021 an increase of 15% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per unit), while the average price for exports to the United States ($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 South Africa (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Bedroom Furniture Imports

Imports into Cote d'Ivoire

After two years of growth, overseas purchases of wooden furniture of a kind used in the bedroom decreased by -36% to X units in 2022. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 256% against the previous year. As a result, imports attained the peak of X units, and then fell sharply in the following year.

In value terms, wooden bedroom furniture imports declined remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 219%. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

Turkey (X units), China (X units) and France (X units) were the main suppliers of wooden bedroom furniture imports to Cote d'Ivoire, together accounting for 53% of total imports. Italy, South Africa, Portugal, Brazil and the United States lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +112.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and France ($X) were the largest wooden bedroom furniture suppliers to Cote d'Ivoire, with a combined 61% share of total imports. Italy, Portugal, South Africa, Brazil and the United States lagged somewhat behind, together comprising a further 13%.

Portugal, with a CAGR of +116.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden bedroom furniture import price amounted to $X per unit, increasing by 2.6% 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 20% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 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 China ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform