Moldova: Wooden Bedroom Furniture Market 2020

Wooden Bedroom Furniture Market Size in Moldova

The revenue of the wooden bedroom furniture market in Moldova amounted to $X in 2018, waning by -X% against the previous year. Over the period under review, wooden bedroom furniture consumption, however, continues to indicate skyrocketing growth. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the wooden bedroom furniture market attained its peak figure level at $X in 2017, and then declined slightly in the following year.

Wooden Bedroom Furniture Production in Moldova

In value terms, wooden bedroom furniture production totaled $X in 2018 estimated in export prices. In general, wooden bedroom furniture production continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2012 when production volume increased by X% year-to-year. Moldova wooden bedroom furniture production peaked at $X in 2017, and then declined slightly in the following year.

Wooden Bedroom Furniture Exports

Exports from Moldova

In 2018, the exports of wooden furniture of a kind used in the bedroom from Moldova stood at X units, rising by X% against the previous year. In general, wooden bedroom furniture exports continue to indicate moderate growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, wooden bedroom furniture exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, wooden bedroom furniture exports amounted to $X in 2018. In general, the total exports indicated moderate growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wooden bedroom furniture exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, wooden bedroom furniture exports attained their peak figure at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

China represented the key exporter of wooden furniture of a kind used in the bedroom exported in the world, with the volume of exports finishing at X units, which was near X% of total exports in 2018. Vietnam (X units) ranks second in terms of the total exports with a X% share, followed by Malaysia (X%), Poland (X%), Germany (X%) and Turkey (X%). Brazil (X units), Italy (X units) and Denmark (X units) occupied a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden bedroom furniture markets from Moldova were China ($X), Vietnam ($X) and Poland ($X), together comprising X% of total exports. These countries were followed by Malaysia, Germany, Italy, Turkey, Brazil, Denmark and Moldova, which together accounted for a further X terms of the main exporting countries, Turkey experienced the highest rates of growth with regard to market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the wooden bedroom furniture export price in Moldova amounted to $X per unit, falling by -X% against the previous year. Overall, the wooden bedroom furniture export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. In that year, the export prices for wooden furniture of a kind used in the bedroom attained their peak level of $X per unit. From 2016 to 2018, the growth in terms of the export prices for wooden furniture of a kind used in the bedroom remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Wooden Bedroom Furniture Imports

Imports into Moldova

In 2018, approx. X units of wooden furniture of a kind used in the bedroom were imported into Moldova; going down by -X% against the previous year. In general, wooden bedroom furniture imports continue to indicate a moderate reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Moldova imports peaked at X units in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, wooden bedroom furniture imports stood at $X in 2018. Overall, wooden bedroom furniture imports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Moldova imports peaked at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. represented the largest importer of wooden furniture of a kind used in the bedroom imported in the world, with the volume of imports amounting to X units, which was near X% of total imports in 2018. Germany (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by China, Hong Kong SAR (X%), the UK (X%) and Saudi Arabia (X%). The following importers - the United Arab Emirates (X units), Iraq (X units), Australia (X units), Japan (X units), Switzerland (X units), Canada (X units) and France (X units) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Iraq (+X%), China, Hong Kong SAR (+X%), Saudi Arabia (+X%), the United Arab Emirates (+X%), Australia (+X%), Switzerland (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. By contrast, Canada (-X%), the UK (-X%), Japan (-X%) and France (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., China, Hong Kong SAR, Iraq and Saudi Arabia increased by +X%, +X%, +X% and +X% percentage points, while the UK (-X p.p.) and France (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported wooden furniture of a kind used in the bedroom into Moldova, comprising X% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., wooden bedroom furniture imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (+X% per year) and Germany (+X% per year).

Import Prices by Country

The wooden bedroom furniture import price in Moldova stood at $X per unit in 2018, picking up by X% against the previous year. Overall, the import price indicated a slight increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the import prices for wooden furniture of a kind used in the bedroom reached their maximum at $X per unit in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform