Morocco: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Morocco

The Moroccan wooden bedroom furniture market dropped to $X in 2022, with a decrease of -2.3% against the previous year. Overall, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Wooden Bedroom Furniture Production in Morocco

In value terms, wooden bedroom furniture production shrank slightly to $X in 2022 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 56% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Wooden Bedroom Furniture Exports

Exports from Morocco

Wooden bedroom furniture exports from Morocco contracted markedly to X units in 2022, which is down by -40.7% compared with 2021 figures. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 176%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, wooden bedroom furniture exports fell notably to $X in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 231%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for wooden bedroom furniture exports from Morocco, with a 91% share of total exports. It was followed by Mauritania (X units), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to +57.2%.

In value terms, France ($X) remains the key foreign market for wooden furniture of a kind used in the bedroom exports from Morocco, comprising 91% of total exports. The second position in the ranking was taken by Mauritania ($X), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +58.5%.

Export Prices by Country

In 2022, the average wooden bedroom furniture export price amounted to $X per unit, picking up by 10% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Mauritania totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+0.8%).

Wooden Bedroom Furniture Imports

Imports into Morocco

In 2022, after three years of growth, there was significant decline in supplies from abroad of wooden furniture of a kind used in the bedroom, when their volume decreased by -28.9% to X units. Over the period under review, imports recorded a noticeable slump. The pace of growth was the most pronounced in 2014 when imports increased by 33% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wooden bedroom furniture imports fell to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Turkey (X units), France (X units) and Poland (X units) were the main suppliers of wooden bedroom furniture imports to Morocco, together accounting for 68% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +52.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden bedroom furniture suppliers to Morocco were Turkey ($X), France ($X) and Poland ($X), with a combined 68% share of total imports.

Poland, with a CAGR of +56.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden bedroom furniture import price stood at $X per unit in 2022, growing by 24% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($X per unit) and Spain ($X per unit), while the price for China ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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