Czech Republic: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in the Czech Republic

The Czech wooden kitchen furniture market soared to $X in 2022, increasing by 66% against the previous year. Overall, consumption saw a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wooden Kitchen Furniture Production in the Czech Republic

In value terms, wooden kitchen furniture production surged to $X in 2022 estimated in export price. Overall, production showed a slight expansion. The growth pace was the most rapid in 2017 when the production volume increased by 127% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Wooden Kitchen Furniture Exports

Exports from the Czech Republic

Wooden kitchen furniture exports from the Czech Republic fell rapidly to X units in 2022, which is down by -42.2% on the year before. In general, exports saw a slight setback. The pace of growth appeared the most rapid in 2017 when exports increased by 36% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, wooden kitchen furniture exports contracted sharply to $X in 2022. Over the period under review, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for wooden kitchen furniture exports from the Czech Republic, with a 32% share of total exports. Moreover, wooden kitchen furniture exports to Sweden exceeded the volume sent to the second major destination, Slovakia (X units), twofold. The third position in this ranking was held by Finland (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-7.5% per year) and Finland (+16.8% per year).

In value terms, Sweden ($X) remains the key foreign market for wooden furniture for kitchens exports from the Czech Republic, comprising 32% of total exports. The second position in the ranking was held by Slovakia ($X), with a 14% share of total exports. It was followed by Finland, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Sweden amounted to +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-1.8% per year) and Finland (+24.6% per year).

Export Prices by Country

In 2022, the average wooden kitchen furniture export price amounted to $X per unit, surging by 47% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden kitchen furniture export price increased by +126.7% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($X per unit) and Norway ($X per unit), while the average price for exports to Finland ($X per unit) and Sweden ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Kitchen Furniture Imports

Imports into the Czech Republic

In 2022, supplies from abroad of wooden furniture for kitchens was finally on the rise to reach X units after two years of decline. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, wooden kitchen furniture imports surged to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.4% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 22% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of wooden kitchen furniture to the Czech Republic, accounting for a 46% share of total imports. Moreover, wooden kitchen furniture imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. Slovakia (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+1.4% per year) and Slovakia (-2.7% per year).

In value terms, Germany ($X) constituted the largest supplier of wooden furniture for kitchens to the Czech Republic, comprising 46% of total imports. The second position in the ranking was held by Poland ($X), with a 16% share of total imports. It was followed by Slovakia, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+1.1% per year) and Slovakia (-3.0% per year).

Import Prices by Country

The average wooden kitchen furniture import price stood at $X per unit in 2022, picking up by 2.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 21% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per unit) and Portugal ($X per unit), while the price for China ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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