Northern America: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Northern America

In 2022, the North American wooden kitchen furniture market increased by 11% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +22.5% against 2020 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Wooden Kitchen Furniture Production in Northern America

In value terms, wooden kitchen furniture production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 13%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Wooden Kitchen Furniture Exports

Exports in Northern America

In 2022, the amount of wooden furniture for kitchens exported in Northern America surged to X units, growing by 20% on the year before. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.9% 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 +25.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 23%. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, wooden kitchen furniture exports soared to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.2% 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 +38.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada prevails in exports structure, reaching X units, which was near 90% of total exports in 2022. It was distantly followed by the United States (X units), generating a 9.8% share of total exports.

Canada was also the fastest-growing in terms of the wooden furniture for kitchens exports, with a CAGR of +12.4% from 2012 to 2022. The United States (-8.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Canada increased by +36 percentage points.

In value terms, Canada ($X) remains the largest wooden kitchen furniture supplier in Northern America, comprising 81% of total exports. The second position in the ranking was taken by the United States ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada amounted to +11.5%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, growing by 3.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 23%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%).

Wooden Kitchen Furniture Imports

Imports in Northern America

In 2022, imports of wooden furniture for kitchens in Northern America skyrocketed to X units, with an increase of 71% against the year before. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 77% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, wooden kitchen furniture imports soared to $X in 2022. Over the period under review, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States prevails in imports structure, amounting to X units, which was approx. 97% of total imports in 2022. Canada (X units) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the wooden furniture for kitchens imports, with a CAGR of +39.0% from 2012 to 2022. Canada experienced a relatively flat trend pattern. The United States (+39 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -36.5% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported wooden furniture for kitchens in Northern America, comprising 95% of total imports. The second position in the ranking was taken by Canada ($X), with a 4.6% share of total imports.

In the United States, wooden kitchen furniture imports expanded at an average annual rate of +13.9% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, which is down by -22.7% against the previous year. Over the period under review, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2017 when the import price increased by 26% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-0.4%).

Source: IndexBox Platform

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