Moldova: Wooden Kitchen Furniture Market 2020

Wooden Kitchen Furniture Market Size in Moldova

The revenue of the wooden kitchen furniture market in Moldova amounted to $X in 2018, surging by X% against the previous year. Overall, wooden kitchen furniture consumption continues to indicate a modest expansion. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. In that year, the wooden kitchen furniture market attained its peak level of $X. From 2009 to 2018, the growth of the wooden kitchen furniture market failed to regain its momentum.

Wooden Kitchen Furniture Production in Moldova

In value terms, wooden kitchen furniture production totaled $X in 2018 estimated in export prices. In general, wooden kitchen furniture production continues to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, wooden kitchen furniture production attained its maximum level in 2018 and is likely to continue its growth in the immediate term.

Wooden Kitchen Furniture Exports

Exports from Moldova

In 2018, the exports of wooden furniture for kitchens from Moldova amounted to X units, flattening at the previous year. In general, wooden kitchen furniture exports, however, continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Moldova exports peaked at X units in 2017, leveling off in the following year.

In value terms, wooden kitchen furniture exports stood at $X in 2018. Over the period under review, wooden kitchen furniture exports, however, continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, wooden kitchen furniture exports reached their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, China (X units) and Germany (X units) represented the key exporters of wooden furniture for kitchensaround the world, together mixing up X% of total exports. It was distantly followed by Italy (X units) and Canada (X units), together comprising a X% share of total exports. The following exporters - Spain (X units), Poland (X units), Vietnam (X units), Malaysia (X units), Denmark (X units), the U.S. (X units), Sweden (X units) and France (X units) - together made up X% 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 Moldova, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden kitchen furniture markets from Moldova were Germany ($X), China ($X) and Italy ($X), with a combined X% share of total exports. Canada, Denmark, Malaysia, Vietnam, Spain, Poland, the U.S., France, Sweden and Moldova lagged somewhat behind, together comprising a further X terms of the main exporting countries, Moldova experienced the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The wooden kitchen furniture export price in Moldova stood at $X per unit in 2018, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 when the export price increased by X% year-to-year. In that year, the export prices for wooden furniture for kitchens reached their peak level of $X per unit. From 2010 to 2018, the growth in terms of the export prices for wooden furniture for kitchens failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while Poland ($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 Kitchen Furniture Imports

Imports into Moldova

In 2018, approx. X units of wooden furniture for kitchens were imported into Moldova; picking up by X% against the previous year. In general, wooden kitchen furniture imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Moldova imports peaked at X units in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, wooden kitchen furniture imports stood at $X in 2018. Over the period under review, wooden kitchen furniture imports, however, continue to indicate an abrupt drop. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. In that year, wooden kitchen furniture imports attained their peak of $X. From 2009 to 2018, the growth of wooden kitchen furniture imports remained at a lower figure.

Imports by Country

The U.S. represented the key importer of wooden furniture for kitchens imported in the world, with the volume of imports accounting for X units, which was approx. X% of total imports in 2018. France (X units) held the second position in the ranking, followed by Switzerland (X units). All these countries together held approx. X% share of total imports. The following importers - China (X units), Germany (X units), Russia (X units), the Netherlands (X units), Austria (X units), Luxembourg (X units), the UK (X units), Norway (X units) and the United Arab Emirates (X units) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to wooden kitchen furniture imports into the U.S. stood at +X%. At the same time, Luxembourg (+X%), China (+X%), the United Arab Emirates (+X%), Switzerland (+X%), Austria (+X%), Russia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. France and Norway experienced a relatively flat trend pattern. By contrast, the UK (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), China (+X p.p.), Luxembourg (+X p.p.), Switzerland (+X p.p.) and the United Arab Emirates (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the UK (-X p.p.) and the Netherlands (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported wooden furniture for kitchens into Moldova, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: France (+X% per year) and the Netherlands (-X% per year).

Import Prices by Country

The wooden kitchen furniture import price in Moldova stood at $X per unit in 2018, declining by -X% against the previous year. Over the period under review, the wooden kitchen furniture import price continues to indicate a deep curtailment. The growth pace was the most rapid in 2014 an increase of X% y-o-y. In that year, the import prices for wooden furniture for kitchens reached their peak level of $X per unit. From 2015 to 2018, the growth in terms of the import prices for wooden furniture for kitchens failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform