Slovakia - Wooden Furniture of A Kind Used in the Kitchen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSlovakia: Wooden Kitchen Furniture Market 2024
Wooden Kitchen Furniture Market Size in Slovakia
The Slovak wooden kitchen furniture market surged to $X in 2022, increasing by 1,931% against the previous year. Over the period under review, consumption, however, saw a pronounced shrinkage. Wooden kitchen furniture consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.
Wooden Kitchen Furniture Production in Slovakia
In value terms, wooden kitchen furniture production skyrocketed to $X in 2022 estimated in export price. In general, production saw a buoyant increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 77% against the previous year. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the immediate term.
Wooden Kitchen Furniture Exports
Exports from Slovakia
In 2022, shipments abroad of wooden furniture for kitchens increased by 6% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a deep slump. The pace of growth was the most pronounced in 2015 when exports increased by 105%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.
In value terms, wooden kitchen furniture exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 49%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
The Czech Republic (X units), the United States (X units) and Hungary (X units) were the main destinations of wooden kitchen furniture exports from Slovakia, with a combined 95% share of total exports. Switzerland, Austria, Sweden, Poland, Germany, Italy and France lagged somewhat behind, together comprising a further 2.8%.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +17.1%), while the other leaders experienced more modest paces of growth.
In value terms, the Czech Republic ($X), the United States ($X) and Hungary ($X) were the largest markets for wooden kitchen furniture exported from Slovakia worldwide, together accounting for 95% of total exports. Switzerland, Austria, Sweden, Poland, Germany, Italy and France lagged somewhat behind, together comprising a further 2.8%.
Among the main countries of destination, Switzerland, with a CAGR of +22.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average wooden kitchen furniture export price amounted to $X per unit, jumping by 31% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden kitchen furniture export price increased by +69.1% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to France ($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 Switzerland (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Kitchen Furniture Imports
Imports into Slovakia
In 2022, the amount of wooden furniture for kitchens imported into Slovakia was estimated at X units, standing approx. at the previous year. Over the period under review, imports showed a relatively flat trend pattern. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, wooden kitchen furniture imports soared to $X in 2022. In general, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 when imports increased by 46%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wooden kitchen 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 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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