France: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in France

The French wooden bedroom furniture market reduced markedly to $X in 2022, shrinking by -15.8% against the previous year. In general, consumption continues to indicate a pronounced slump. Wooden bedroom furniture consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Wooden Bedroom Furniture Production in France

In value terms, wooden bedroom furniture production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by 11% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Wooden Bedroom Furniture Exports

Exports from France

Wooden bedroom furniture exports from France dropped sharply to X units in 2022, which is down by -25.5% compared with the previous year. In general, exports saw a slight descent. The most prominent rate of growth was recorded in 2019 with an increase of 38%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, wooden bedroom furniture exports reduced rapidly to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

Germany (X units), Switzerland (X units) and Spain (X units) were the main destinations of wooden bedroom furniture exports from France, together accounting for 44% of total exports. Belgium, Italy, the UK, Portugal, the Netherlands, Luxembourg and the United States lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +8.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and Spain ($X) were the largest markets for wooden bedroom furniture exported from France worldwide, with a combined 44% share of total exports. Belgium, Italy, the UK, Portugal, the Netherlands, Luxembourg and the United States lagged somewhat behind, together accounting for a further 40%.

Among the main countries of destination, the Netherlands, with a CAGR of +9.1%, 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

The average wooden bedroom furniture export price stood at $X per unit in 2022, surging by 10% 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 2018 when the average export price increased by 23% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Portugal ($X per unit) and Spain ($X per unit), while the average price for exports to Luxembourg ($X per unit) and the United States ($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 Netherlands (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Bedroom Furniture Imports

Imports into France

In 2022, purchases abroad of wooden furniture of a kind used in the bedroom decreased by -40.6% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed perceptible growth. The pace of growth appeared the most rapid in 2021 with an increase of 49%. As a result, imports attained the peak of X units, and then declined significantly in the following year.

In value terms, wooden bedroom furniture imports declined to $X in 2022. In general, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +66.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

Poland (X units), China (X units) and Italy (X units) were the main suppliers of wooden bedroom furniture imports to France, with a combined 42% share of total imports. Denmark, Germany, Brazil, Romania, Vietnam, Belgium, Spain, Lithuania, the Czech Republic and Turkey lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +34.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Italy ($X) appeared to be the largest wooden bedroom furniture suppliers to France, together comprising 43% of total imports. Denmark, Germany, Brazil, Romania, Vietnam, Belgium, Spain, Lithuania, the Czech Republic and Turkey lagged somewhat behind, together comprising a further 44%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +35.9%, saw the highest rates of growth with regard to the value of imports, 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, surging by 51% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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