Kenya: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Kenya

The Kenyan wooden bedroom furniture market rose to $X in 2022, surging by 3.9% against the previous year. In general, consumption showed prominent growth. Wooden bedroom furniture consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wooden Bedroom Furniture Production in Kenya

In value terms, wooden bedroom furniture production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production posted a strong increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 56%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Wooden Bedroom Furniture Exports

Exports from Kenya

Wooden bedroom furniture exports from Kenya shrank sharply to X units in 2022, dropping by -17.6% against the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 83% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, wooden bedroom furniture exports contracted rapidly to $X in 2022. Over the period under review, exports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 107% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for wooden bedroom furniture exports from Kenya, accounting for a 37% share of total exports. Moreover, wooden bedroom furniture exports to the United States exceeded the volume sent to the second major destination, Rwanda (X units), twofold. The third position in this ranking was held by Croatia (X units), with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +73.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+9.1% per year) and Croatia (+80.9% per year).

In value terms, the United States ($X) emerged as the key foreign market for wooden furniture of a kind used in the bedroom exports from Kenya, comprising 39% of total exports. The second position in the ranking was held by Rwanda ($X), with a 19% share of total exports. It was followed by Croatia, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +71.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+9.4% per year) and Croatia (+77.5% per year).

Export Prices by Country

In 2022, the average wooden bedroom furniture export price amounted to $X per unit, declining by -10% against the previous year. Over the period under review, the export price, however, enjoyed moderate growth. The growth pace was the most rapid in 2016 an increase of 94%. The export price peaked at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Burundi ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+90.8%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Bedroom Furniture Imports

Imports into Kenya

In 2022, the amount of wooden furniture of a kind used in the bedroom imported into Kenya declined modestly to X units, waning by -4.2% against 2021 figures. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 77%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wooden bedroom furniture imports reduced to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 73% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of wooden bedroom furniture to Kenya, with a 51% share of total imports. Moreover, wooden bedroom furniture imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+18.5% per year) and Italy (+32.9% per year).

In value terms, China ($X) constituted the largest supplier of wooden furniture of a kind used in the bedroom to Kenya, comprising 58% of total imports. The second position in the ranking was taken by Turkey ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.3% per year) and Italy (+30.8% per year).

Import Prices by Country

In 2022, the average wooden bedroom furniture import price amounted to $X per unit, which is down by -5.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 22%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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