Germany: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Germany

In 2022, the German wooden furniture treatments market increased by 16% to $X, rising for the third year in a row after two years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wooden Furniture Treatments Production in Germany

In value terms, wooden furniture treatments production surged to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild decline. Wooden furniture treatments production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wooden Furniture Treatments Exports

Exports from Germany

In 2022, overseas shipments of polishes and creams for wooden furniture and floors decreased by -17% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports showed a perceptible setback. The pace of growth appeared the most rapid in 2019 with an increase of 7.1%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden furniture treatments exports contracted rapidly to $X in 2022. In general, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 9.4% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Austria (X tons) and Belgium (X tons) were the main destinations of wooden furniture treatments exports from Germany, together accounting for 40% of total exports. Poland, Switzerland, the Czech Republic, China, Singapore, Italy, Spain, Hungary, France and the UK lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +7.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden furniture treatments exported from Germany were Austria ($X), Switzerland ($X) and the Netherlands ($X), with a combined 38% share of total exports.

Among the main countries of destination, Switzerland, with a CAGR of +6.6%, 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 furniture treatments export price stood at $X per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports

Imports into Germany

In 2022, supplies from abroad of polishes and creams for wooden furniture and floors decreased by -16.8% to X tons, falling for the second consecutive year after three years of growth. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by 18% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wooden furniture treatments imports rose slightly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest wooden furniture treatments supplier to Germany, accounting for a 41% share of total imports. Moreover, wooden furniture treatments imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-12.3% per year) and Belgium (+27.2% per year).

In value terms, Switzerland ($X), the Netherlands ($X) and Belgium ($X) appeared to be the largest wooden furniture treatments suppliers to Germany, with a combined 56% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +26.9%, saw the highest growth rate of 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 furniture treatments import price amounted to $X per ton, picking up by 24% against the previous year. Overall, import price indicated a prominent expansion 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 furniture treatments import price increased by +50.7% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Switzerland ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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