Malta: Wooden Kitchen Furniture Market 2020

Wooden Kitchen Furniture Market Size in Malta

The revenue of the wooden kitchen furniture market in Malta amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, wooden kitchen furniture consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the wooden kitchen furniture market reached its peak figure level at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports from Malta

Wooden kitchen furniture exports from Malta totaled X units in 2018, falling by -X% against the previous year. Over the period under review, wooden kitchen furniture exports continue to indicate a drastic descent. The pace of growth appeared the most rapid in 2013 when exports decreased by -X% year-to-year. Over the period under review, wooden kitchen furniture exports attained their peak figure at X units in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, wooden kitchen furniture exports amounted to $X in 2018. Overall, wooden kitchen furniture exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2010 with a decrease of -X% year-to-year. Malta exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

China (X units) and Germany (X units) represented the largest exporters of wooden furniture for kitchens in 2018, recording approx. X% and X% of total exports, respectively. Italy (X units) ranks next in terms of the total exports with a X% share, followed by Canada (X%). 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) took a minor share 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, with a combined X% share of total exports. These countries were followed by Canada, Denmark, Malaysia, Vietnam, Spain, Poland, the U.S., France, Sweden and Malta, which together accounted for a further X Nam recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the wooden kitchen furniture export price in Malta amounted to $X per unit, jumping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the export price increased by X% y-o-y. In that year, the export prices for wooden furniture for kitchens attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; 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 Malta

Wooden kitchen furniture imports into Malta amounted to X units in 2018, going up by X% against the previous year. In general, wooden kitchen furniture imports, however, continue to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, wooden kitchen furniture imports attained their maximum at X units in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, wooden kitchen furniture imports stood at $X in 2018. Over the period under review, wooden kitchen furniture imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Malta imports peaked at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. represented the main importer of wooden furniture for kitchens in the world, with the volume of imports resulting at X units, which was near X% of total imports in 2018. France (X units) occupied an X% share (based on tons) of total imports, which put it in second place, followed by China (X%). 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. While the share of the U.S. (+X p.p.), China (+X p.p.), Luxembourg (+X p.p.) and the United Arab Emirates (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the UK (-X p.p.) and the Netherlands (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported wooden furniture for kitchens into Malta, comprising X% of global imports. The second position in the ranking was occupied by France ($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 Malta stood at $X per unit in 2018, remaining constant against the previous year. In general, the import price indicated prominent growth from 2007 to 2018: its price 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 import price decreased by -X% against 2016 indices. The growth pace was the most rapid in 2012 when the import price increased by X% year-to-year. Malta import price peaked at $X per unit in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

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