Kyrgyzstan: Wooden Kitchen Furniture Market 2020

Wooden Kitchen Furniture Market Size in Kyrgyzstan

The revenue of the wooden kitchen furniture market in Kyrgyzstan amounted to $X in 2018, growing by X% against the previous year. Overall, wooden kitchen furniture consumption, however, continues to indicate a moderate contraction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. In that year, the wooden kitchen furniture market attained its peak level of $X. From 2015 to 2018, the growth of the wooden kitchen furniture market remained at a lower figure.

Wooden Kitchen Furniture Production in Kyrgyzstan

In value terms, wooden kitchen furniture production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated measured growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wooden kitchen furniture production decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. Kyrgyzstan wooden kitchen furniture production peaked at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Wooden Kitchen Furniture Exports

Exports from Kyrgyzstan

In 2018, the amount of wooden furniture for kitchens exported from Kyrgyzstan stood at X units, shrinking by -X% against the previous year. In general, wooden kitchen furniture exports continue to indicate a deep drop. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, wooden kitchen furniture exports reached their peak figure at X units in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, wooden kitchen furniture exports totaled $X in 2018. In general, wooden kitchen furniture exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, wooden kitchen furniture exports reached their peak figure at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X units) and Germany (X units) represented the main exporters of wooden furniture for kitchensacross the globe, together resulting at near X% of total exports. Italy (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Canada (X%). The following exporters - Poland (X units), Vietnam (X units), Spain (X units), Malaysia (X units), Denmark (X units), the U.S. (X units), Sweden (X units) and France (X units) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Canada, Denmark, Malaysia, Vietnam, Spain, Poland, the U.S., France, Sweden and Kyrgyzstan, which together accounted for a further X terms of the main exporting countries, Vietnam recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The wooden kitchen furniture export price in Kyrgyzstan stood at $X per unit in 2018, lowering by -X% against the previous year. Over the period under review, the wooden kitchen furniture export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the export prices for wooden furniture for kitchens attained their peak figure at $X per unit in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Wooden Kitchen Furniture Imports

Imports into Kyrgyzstan

In 2018, approx. X units of wooden furniture for kitchens were imported into Kyrgyzstan; picking up by X% against the previous year. Overall, wooden kitchen furniture imports, however, continue to indicate a deep deduction. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. In that year, wooden kitchen furniture imports reached their peak of X units. From 2015 to 2018, the growth of wooden kitchen furniture imports failed to regain its momentum.

In value terms, wooden kitchen furniture imports totaled $X in 2018. Overall, wooden kitchen furniture imports, however, continue to indicate an abrupt decline. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. In that year, wooden kitchen furniture imports reached their peak of $X. From 2015 to 2018, the growth of wooden kitchen furniture imports remained at a lower figure.

Imports by Country

The U.S. represented the major importing country with an import of around X units, which recorded X% of total imports. France (X units) occupied the second position in the ranking, followed by China (X units). All these countries together occupied approx. X% share of total imports. The following importers - Germany (X units), Russia (X units), the Netherlands (X units), Austria (X units), the UK (X units), Luxembourg (X units), Norway (X units), the United Arab Emirates (X units) and Sweden (X units) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Luxembourg (+X%), China (+X%), the United Arab Emirates (+X%), Austria (+X%), Sweden (+X%), Russia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. France and Norway experienced a relatively flat trend pattern. By contrast, the UK (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., China, Luxembourg and the United Arab Emirates increased by +X%, +X%, +X% and +X% percentage points, while the UK (-X p.p.) and the Netherlands (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported wooden furniture for kitchens into Kyrgyzstan, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: France (+X% per year) and the Netherlands (-X% per year).

Import Prices by Country

The wooden kitchen furniture import price in Kyrgyzstan stood at $X per unit in 2018, surging by X% against the previous year. Overall, the import price indicated a moderate increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wooden kitchen furniture import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2009 when the import price increased by X% against the previous year. Kyrgyzstan import price peaked at $X per unit in 2010; however, from 2011 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform