Middle East: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in the Middle East

The Middle Eastern wooden kitchen furniture market soared to $X in 2022, increasing by 23% against the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Wooden Kitchen Furniture Production in the Middle East

In value terms, wooden kitchen furniture production contracted to $X in 2022 estimated in export price. Overall, production enjoyed modest growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 39% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports in the Middle East

Wooden kitchen furniture exports skyrocketed to X units in 2022, jumping by 20% against the previous year. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +16.0% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 50% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, wooden kitchen furniture exports reached $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.5% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of 40% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey represented the key exporting country with an export of around X units, which accounted for 64% of total exports. It was distantly followed by Palestine (X units), making up a 19% share of total exports. Kuwait (X units), Jordan (X units), Israel (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wooden kitchen furniture exports from Turkey stood at +8.4%. At the same time, Kuwait (+42.2%), Israel (+23.8%) and Palestine (+15.8%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +42.2% from 2012-2022. By contrast, Jordan (-1.2%) and the United Arab Emirates (-3.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Palestine and Kuwait increased by +8.5 and +3.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest wooden kitchen furniture supplier in the Middle East, comprising 62% of total exports. The second position in the ranking was held by Palestine ($X), with a 17% share of total exports. It was followed by the United Arab Emirates, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at +8.3%. In the other countries, the average annual rates were as follows: Palestine (+15.4% per year) and the United Arab Emirates (+3.3% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, dropping by -5.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 26%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Jordan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.0%), while the other leaders experienced a decline in the export price figures.

Wooden Kitchen Furniture Imports

Imports in the Middle East

In 2022, the amount of wooden furniture for kitchens imported in the Middle East declined slightly to X units, approximately equating 2021 figures. The total import volume increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 24%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, wooden kitchen furniture imports shrank to $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 26%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, the United Arab Emirates (X units) represented the major importer of wooden furniture for kitchens, creating 41% of total imports. It was distantly followed by Israel (X units), Oman (X units), Kuwait (X units), Iraq (X units) and Turkey (X units), together generating a 48% share of total imports. Qatar (X units) took a relatively small share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +9.6% from 2012 to 2022. At the same time, Oman (+14.5%), Kuwait (+9.5%), Israel (+2.6%) and Iraq (+1.5%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +14.5% from 2012-2022. By contrast, Turkey (-8.4%) and Qatar (-11.3%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+22 p.p.), Oman (+6.2 p.p.), Kuwait (+4.6 p.p.) and Israel (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkey (-8.8 p.p.) and Qatar (-10.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported wooden furniture for kitchens in the Middle East, comprising 26% of total imports. The second position in the ranking was held by Israel ($X), with a 12% share of total imports. It was followed by Kuwait, with a 6% share.

In the United Arab Emirates, wooden kitchen furniture imports expanded at an average annual rate of +7.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (+8.2% per year) and Kuwait (+10.0% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, waning by -7.8% against the previous year. In general, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2018 when the import price increased by 22%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Qatar ($X per unit) and Iraq ($X per unit), while Oman ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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