Report Update Nov 1, 2024

Puerto Rico - Wooden Furniture of A Kind Used in the Kitchen - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Puerto Rico: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Puerto Rico

The Puerto Rican wooden kitchen furniture market surged to $X in 2021, increasing by 24% against the previous year. Overall, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -26.9% against 2016 indices. Puerto Rico consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Wooden Kitchen Furniture Production in Puerto Rico

In value terms, wooden kitchen furniture production surged to $X in 2021 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -23.0% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 44% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports by Country

In 2021, China (X units), Germany (X units), Vietnam (X units) and Malaysia (X units) was the largest exporter of wooden furniture for kitchens in the world, committing 61% of total export. It was distantly followed by Italy (X units), committing a 5.7% share of total exports. The following exporters - Thailand (X units), Spain (X units), Poland (X units), Canada (X units), Mexico (X units), Denmark (X units), Indonesia (X units) and the United States (X units) - together made up 21% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of +32.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest wooden kitchen furniture supplier from Puerto Rico, comprising 33% of global exports. The second position in the ranking was taken by Italy ($X), with a 12% share of global exports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Germany amounted to +4.7%. In the other countries, the average annual rates were as follows: Italy (+3.5% per year) and China (+0.5% per year).

Wooden Kitchen Furniture Imports

Imports by Country

The United States was the main importing country with an import of about X units, which recorded 44% of total imports. France (X units) held the second position in the ranking, followed by Norway (X units). All these countries together held approx. 12% share of total imports. Malaysia (X units), the Netherlands (X units), Germany (X units), the UK (X units), Sweden (X units), Belgium (X units), Switzerland (X units), Japan (X units), Russia (X units) and Australia (X units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +24.1% from 2012 to 2021. At the same time, Malaysia (+31.5%), the Netherlands (+14.2%), Germany (+5.4%), Norway (+5.3%), the UK (+4.6%), Sweden (+3.0%), Switzerland (+2.0%), Belgium (+1.8%) and Japan (+1.0%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of +31.5% from 2012-2021. France and Australia experienced a relatively flat trend pattern. By contrast, Russia (-17.9%) illustrated a downward trend over the same period. While the share of the United States (+30 p.p.) and Malaysia (+3.5 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Australia (-1.6 p.p.), Japan (-1.6 p.p.), Norway (-2.4 p.p.), Russia (-4.4 p.p.) and France (-7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported wooden furniture for kitchens into Puerto Rico, comprising 29% of global imports. The second position in the ranking was held by the Netherlands ($X), with a 9.5% share of global imports. It was followed by France, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +11.9%. In the other countries, the average annual rates were as follows: the Netherlands (+15.5% per year) and France (+2.0% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wooden furniture for kitchens in the world?

The countries with the highest volumes of in 2021 were South Africa, the United States and China, together comprising 68% of global consumption.

What are the largest producers of wooden furniture for kitchens in the world?

The countries with the highest volumes of in 2021 were the United States, China and Germany, together comprising 59% of global production. The UK, Italy, Japan, Indonesia, Brazil, Vietnam, Nigeria, Mexico, Malaysia and Canada lagged somewhat behind, together accounting for a further 26%.

What are the leading suppliers of wooden furniture for kitchens to Puerto Rico?

In value terms, the United States constitutes the largest market for imported wooden furniture for kitchens into Puerto Rico, comprising 30% of global imports. The second position in the ranking was occupied by France, with an 8.8% share of global imports. It was followed by Switzerland, with a 5.1% share.

What are the leading importers of wooden furniture for kitchens from Puerto Rico?

In value terms, Germany remains the largest wooden kitchen furniture supplier from Puerto Rico, comprising 34% of global exports. The second position in the ranking was occupied by China, with a 14% share of global exports. It was followed by Italy, with a 12% share.

What is the average export price for wooden furniture for kitchens in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand units in 2021, approximately mirroring the previous year.

What is the average import price for wooden furniture for kitchens in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per thousand units in 2021, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the wooden kitchen furniture market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 31021000 - Kitchen furniture

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023