Jordan: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Jordan

The Jordanian wooden kitchen furniture market stood at $X in 2022, flattening at the previous year. In general, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 -2.5% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Wooden Kitchen Furniture Production in Jordan

In value terms, wooden kitchen furniture production reached $X in 2022 estimated in export price. Overall, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 73%. Wooden kitchen furniture production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Wooden Kitchen Furniture Exports

Exports from Jordan

In 2022, shipments abroad of wooden furniture for kitchens increased by 8.9% to X units, rising for the second year in a row after five years of decline. In general, exports, however, recorded a slight descent. The growth pace was the most rapid in 2015 with an increase of 54% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wooden kitchen furniture exports reduced slightly to $X in 2022. Over the period under review, exports, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2015 with an increase of 38%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Iraq (X units) was the main destination for wooden kitchen furniture exports from Jordan, with a 58% share of total exports. Moreover, wooden kitchen furniture exports to Iraq exceeded the volume sent to the second major destination, Saudi Arabia (X units), twofold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq amounted to +15.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+19.9% per year) and the United Arab Emirates (+0.9% per year).

In value terms, Iraq ($X) remains the key foreign market for wooden furniture for kitchens exports from Jordan, comprising 57% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 23% share of total exports. It was followed by the United Arab Emirates, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Iraq totaled +14.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+18.7% per year) and the United Arab Emirates (+1.5% per year).

Export Prices by Country

The average wooden kitchen furniture export price stood at $X per unit in 2022, declining by -10.7% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($X per unit) and Qatar ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) and Iraq ($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 Arab Emirates (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Kitchen Furniture Imports

Imports into Jordan

In 2022, approx. X units of wooden furniture for kitchens were imported into Jordan; growing by 70% on 2021 figures. Overall, imports, however, continue to indicate a precipitous descent. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden kitchen furniture imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 107%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), Germany (X units) and China (X units) were the main suppliers of wooden kitchen furniture imports to Jordan, with a combined 92% share of total imports. Turkey, Free Zones, Saudi Arabia and the United Arab Emirates lagged somewhat behind, together comprising a further 7.8%.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +44.2%), while purchases for the other leaders experienced a decline.

In value terms, the largest wooden kitchen furniture suppliers to Jordan were Italy ($X), Germany ($X) and China ($X), with a combined 92% share of total imports. Turkey, Free Zones, Saudi Arabia and the United Arab Emirates lagged somewhat behind, together comprising a further 7.8%.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +51.8%, 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 kitchen furniture import price amounted to $X per unit, rising by 6.9% against the previous year. In general, the import price showed a significant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 55%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual 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 United Arab Emirates ($X per unit) and Free Zones ($X per unit), while the price for Saudi Arabia ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform