Germany: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Germany

The German wooden office furniture market dropped to $X in 2021, declining by -5.9% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the market value increased by 7.4%. Wooden office furniture consumption peaked at $X in 2020, and then fell in the following year.

Wooden Office Furniture Production in Germany

In value terms, wooden office furniture production fell to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 12% against the previous year. Wooden office furniture production peaked at $X in 2020, and then dropped in the following year.

Wooden Office Furniture Exports

Exports from Germany

In 2021, shipments abroad of wooden furniture of a kind used in offices decreased by -6.2% to X units, falling for the second consecutive year after five years of growth. Overall, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -27.3% against 2019 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 36% against the previous year. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, wooden office furniture exports rose sharply to $X in 2021. In general, exports saw a slight decline. The pace of growth appeared the most rapid in 2014 with an increase of 14% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X units), Switzerland (X units) and the United States (X units) were the main destinations of wooden office furniture exports from Germany, together comprising 46% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +10.3%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Switzerland ($X) and the United States ($X) constituted the largest markets for wooden office furniture exported from Germany worldwide, with a combined 46% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +7.1%, saw the highest growth rate of 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 office furniture export price stood at $X per unit in 2021, increasing by 14% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2014 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Luxembourg ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-2.9%), while the prices for the other major destinations experienced a decline.

Wooden Office Furniture Imports

Imports into Germany

For the fourth consecutive year, Germany recorded growth in purchases abroad of wooden furniture of a kind used in offices, which increased by 17% to X units in 2021. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 39% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, wooden office furniture imports stood at $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.2% against 2017 indices. The most prominent rate of growth was recorded in 2019 with an increase of 32%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X units) constituted the largest wooden office furniture supplier to Germany, with a 31% share of total imports. Moreover, wooden office furniture imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by the Czech Republic (X units), with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland stood at +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.6% per year) and the Czech Republic (+34.4% per year).

In value terms, Poland ($X) constituted the largest supplier of wooden furniture of a kind used in offices to Germany, comprising 31% of total imports. The second position in the ranking was taken by China ($X), with a 9.1% share of total imports. It was followed by the Czech Republic, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland totaled +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.1% per year) and the Czech Republic (+27.9% per year).

Import Prices by Country

In 2021, the average wooden office furniture import price amounted to $X per unit, dropping by -4.9% against the previous year. In general, the import price saw a perceptible setback. The pace of growth appeared the most rapid in 2017 when the average import price decreased by -4.9%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Denmark ($X per unit) and Poland ($X per unit), while the price for France ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-4.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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