Pakistan: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Pakistan

The Pakistani wooden kitchen furniture market rose slightly to $X in 2022, surging by 1.6% against the previous year. In general, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.5% against 2020 indices. Wooden kitchen furniture consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Wooden Kitchen Furniture Production in Pakistan

In value terms, wooden kitchen furniture production rose modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 -1.5% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 16% against the previous year. Wooden kitchen furniture production peaked at $X in 2020; afterwards, it flattened through to 2022.

Wooden Kitchen Furniture Exports

Exports from Pakistan

In 2022, wooden kitchen furniture exports from Pakistan contracted rapidly to X units, waning by -74.6% compared with the previous year. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 347%. As a result, the exports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, wooden kitchen furniture exports declined notably to $X in 2022. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 417%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for wooden kitchen furniture exports from Pakistan, with a 82% share of total exports. Moreover, wooden kitchen furniture exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X units), sevenfold. The UK (X units) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +54.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-24.7% per year) and the UK (-24.4% per year).

In value terms, the United States ($X) remains the key foreign market for wooden furniture for kitchens exports from Pakistan, comprising 85% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 9.8% share of total exports. It was followed by the UK, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +49.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-27.1% per year) and the UK (-28.9% per year).

Export Prices by Country

The average wooden kitchen furniture export price stood at $X per unit in 2022, growing by 3.4% against the previous year. Overall, the export price, however, continues to indicate a pronounced reduction. The growth pace was the most rapid in 2020 an increase of 31%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.1%), while the prices for the other major destinations experienced a decline.

Wooden Kitchen Furniture Imports

Imports into Pakistan

In 2022, approx. X units of wooden furniture for kitchens were imported into Pakistan; declining by -4% compared with the previous year's figure. In general, imports, however, posted mild growth. The growth pace was the most rapid in 2014 with an increase of 103%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, wooden kitchen furniture imports fell markedly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 75%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and the United Arab Emirates (X units) were the main suppliers of wooden kitchen furniture imports to Pakistan, together comprising 77% of total imports. Turkey, Germany, Malaysia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +28.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of wooden furniture for kitchens to Pakistan, comprising 46% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.1% per year) and the United Arab Emirates (-3.4% per year).

Import Prices by Country

The average wooden kitchen furniture import price stood at $X per unit in 2022, reducing by -15% against the previous year. Overall, the import price saw a slight contraction. The pace of growth was the most pronounced in 2021 an increase of 45% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Taiwan (Chinese) ($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 (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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