Kazakhstan: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Kazakhstan

In 2022, after two years of growth, there was significant decline in the Kazakh wooden bedroom furniture market, when its value decreased by -16.6% to $X. Over the period under review, consumption saw a deep contraction. Wooden bedroom furniture consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Wooden Bedroom Furniture Production in Kazakhstan

In value terms, wooden bedroom furniture production fell to $X in 2022 estimated in export price. In general, production, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when the production volume increased by 58% against the previous year. Wooden bedroom furniture production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Wooden Bedroom Furniture Exports

Exports from Kazakhstan

In 2022, overseas shipments of wooden furniture of a kind used in the bedroom decreased by -40.4% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 895%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wooden bedroom furniture exports shrank notably to $X in 2022. In general, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 785%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Armenia (X units), Tajikistan (X units) and Uzbekistan (X units) were the main destinations of wooden bedroom furniture exports from Kazakhstan, together comprising 88% of total exports.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of +100.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden bedroom furniture exported from Kazakhstan were Armenia ($X), Tajikistan ($X) and Uzbekistan ($X), together accounting for 88% of total exports.

Among the main countries of destination, Armenia, with a CAGR of +107.4%, recorded 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

In 2022, the average wooden bedroom furniture export price amounted to $X per unit, rising by 6.8% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The growth pace was the most rapid in 2015 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tajikistan ($X per unit) and Armenia ($X per unit), while the average price for exports to Russia ($X per unit) and Ukraine ($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 Armenia (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Bedroom Furniture Imports

Imports into Kazakhstan

In 2022, overseas purchases of wooden furniture of a kind used in the bedroom decreased by -44.6% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wooden bedroom furniture imports contracted to $X in 2022. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 47%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X units), Belarus (X units) and Turkey (X units) were the main suppliers of wooden bedroom furniture imports to Kazakhstan, together comprising 86% of total imports. Uzbekistan, China, Ukraine and Italy lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uzbekistan (with a CAGR of +9.4%), while imports for the other leaders experienced a decline.

In value terms, the largest wooden bedroom furniture suppliers to Kazakhstan were Russia ($X), Belarus ($X) and Turkey ($X), together comprising 89% of total imports. China, Ukraine, Italy and Uzbekistan lagged somewhat behind, together comprising a further 8.6%.

Uzbekistan, with a CAGR of +15.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wooden bedroom furniture import price stood at $X per unit in 2022, growing by 55% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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