Report Update Nov 1, 2024

Slovakia - Wooden Furniture of A Kind Used in Offices - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Slovakia

The Slovak wooden office furniture market dropped significantly to $X in 2021, which is down by -27.2% against the previous year. In general, consumption recorded a drastic downturn. Wooden office furniture consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Wooden Office Furniture Production in Slovakia

In value terms, wooden office furniture production shrank sharply to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2013 with an increase of 268% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Wooden Office Furniture Exports

Exports from Slovakia

In 2021, after three years of decline, there was significant growth in overseas shipments of wooden furniture of a kind used in offices, when their volume increased by 28% to X units. Overall, exports, however, showed a noticeable setback. The pace of growth was the most pronounced in 2017 when exports increased by 29%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wooden office furniture exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt descent. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Belgium (X units) and the United States (X units) were the main destinations of wooden office furniture exports from Slovakia, together comprising 65% of total exports. Sweden, France, Austria, Italy, the Czech Republic, China, Poland, the UK, Japan and Hungary lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +26.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the United States ($X) appeared to be the largest markets for wooden office furniture exported from Slovakia worldwide, with a combined 65% share of total exports. These countries were followed by Sweden, France, Austria, Italy, the Czech Republic, China, Poland, the UK, Japan and Hungary, which together accounted for a further 27%.

In terms of the main countries of destination, Hungary, with a CAGR of +23.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average wooden office furniture export price stood at $X per unit in 2021, picking up by 3.9% against the previous year. Over the period under review, the export price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Hungary ($X per unit) and the Czech Republic ($X per unit), while the average price for exports to Japan ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (-2.9%), while the prices for the other major destinations experienced a decline.

Wooden Office Furniture Imports

Imports into Slovakia

In 2021, the amount of wooden furniture of a kind used in offices imported into Slovakia totaled less than X units, remaining relatively unchanged against 2020 figures. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, wooden office furniture imports stood at $X in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -20.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 72% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wooden furniture of a kind used in offices in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 49% of global consumption.

What are the largest producers of wooden furniture of a kind used in offices in the world?

China constituted the country with the largest volume of wooden office furniture production, accounting for 28% of total volume. Moreover, wooden office furniture production in China exceeded the figures recorded by the second-largest producer, the UK, fourfold. The third position in this ranking was occupied by the United States, with a 6.8% share.

What are the leading suppliers of wooden furniture of a kind used in offices to Slovakia?

In value terms, the Czech Republic, Poland and Sweden were the largest wooden office furniture suppliers to Slovakia, with a combined 71% share of total imports. Germany, Austria, Belgium and Ukraine lagged somewhat behind, together comprising a further 22%.

What are the leading importers of wooden furniture of a kind used in offices from Slovakia?

In value terms, Belgium, Germany and the United States were the largest markets for wooden office furniture exported from Slovakia worldwide, with a combined 67% share of total exports. These countries were followed by Sweden, France, Austria, Italy, the Czech Republic, China, Poland, the Netherlands, Japan and Hungary, which together accounted for a further 26%.

What is the average export price for wooden furniture of a kind used in offices in Slovakia?

In 2021, the average wooden office furniture export price amounted to $45 per unit, surging by 6.9% against the previous year.

What is the average import price for wooden furniture of a kind used in offices in Slovakia?

The average wooden office furniture import price stood at $49 per unit in 2021, picking up by 3% against the previous year.

This report provides an in-depth analysis of the wooden office furniture market in Slovakia. 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 31011200 - Wooden furniture of a kind used in offices
Prodcom 31021000 - Kitchen furniture

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
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