Ethiopia: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Ethiopia

The Ethiopian wooden kitchen furniture market amounted to $X in 2022, almost unchanged from the previous year. In general, the total consumption indicated a perceptible 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, consumption decreased by -0.6% against 2020 indices. Wooden kitchen furniture consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wooden Kitchen Furniture Production in Ethiopia

In value terms, wooden kitchen furniture production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 22%. Wooden kitchen furniture production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports from Ethiopia

In 2022, wooden kitchen furniture exports from Ethiopia soared to X units, jumping by 74% against the previous year. Overall, exports, however, faced a dramatic slump. The pace of growth was the most pronounced in 2019 with an increase of 124% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wooden kitchen furniture exports surged to $X in 2022. In general, exports, however, recorded a significant decrease. The most prominent rate of growth was recorded in 2019 with an increase of 153%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Mali (X units) was the main destination for wooden kitchen furniture exports from Ethiopia, accounting for a 55% share of total exports. Moreover, wooden kitchen furniture exports to Mali exceeded the volume sent to the second major destination, Belgium (X units), sixfold. The third position in this ranking was held by Spain (X units), with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mali amounted to -10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-10.8% per year) and Spain (-15.4% per year).

In value terms, Mali ($X) remains the key foreign market for wooden furniture for kitchens exports from Ethiopia, comprising 58% of total exports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total exports. It was followed by Spain, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Mali stood at -7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-16.3% per year) and Spain (-10.8% per year).

Export Prices by Country

The average wooden kitchen furniture export price stood at $X per unit in 2022, dropping by -7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 27%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Spain ($X per unit), while the average price for exports to Morocco ($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 Sweden (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Kitchen Furniture Imports

Imports into Ethiopia

In 2022, imports of wooden furniture for kitchens into Ethiopia soared to X units, rising by 105% on the previous year's figure. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,226% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, wooden kitchen furniture imports surged to $X in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by 232% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Tanzania (X units), Spain (X units) and the United Arab Emirates (X units) were the main suppliers of wooden kitchen furniture imports to Ethiopia, with a combined 69% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +82.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden kitchen furniture suppliers to Ethiopia were Tanzania ($X), China ($X) and Spain ($X), with a combined 64% share of total imports.

Spain, with a CAGR of +94.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden kitchen furniture import price stood at $X per unit in 2022, which is down by -28% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 218%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform