Slovenia: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Slovenia

In 2022, the Slovene wooden kitchen furniture market increased by 5% to $X, rising for the sixth consecutive year after two years of decline. In general, consumption recorded a buoyant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Wooden Kitchen Furniture Production in Slovenia

In value terms, wooden kitchen furniture production rose significantly to $X in 2022 estimated in export price. In general, production saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports from Slovenia

In 2022, the amount of wooden furniture for kitchens exported from Slovenia dropped sharply to X units, waning by -36.2% on the year before. In general, exports recorded a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 23%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, wooden kitchen furniture exports dropped to $X in 2022. Overall, exports showed a perceptible slump. The pace of growth was the most pronounced in 2020 with an increase of 40% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Denmark (X units) and Austria (X units) were the main destinations of wooden kitchen furniture exports from Slovenia, together comprising 61% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +109.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and Austria ($X) appeared to be the largest markets for wooden kitchen furniture exported from Slovenia worldwide, together comprising 61% of total exports.

Denmark, with a CAGR of +128.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden kitchen furniture export price stood at $X per unit in 2022, growing by 48% against the previous year. In general, the export price saw a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($X per unit) and Denmark ($X per unit), while the average price for exports to the Czech Republic ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Kitchen Furniture Imports

Imports into Slovenia

In 2022, the amount of wooden furniture for kitchens imported into Slovenia reduced to X units, shrinking by -2.1% compared with 2021 figures. Over the period under review, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 51%. Over the period under review, imports attained the maximum at X units in 2021, and then reduced modestly in the following year.

In value terms, wooden kitchen furniture imports reached $X in 2022. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X units) constituted the largest wooden kitchen furniture supplier to Slovenia, with a 61% share of total imports. Moreover, wooden kitchen furniture imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X units), threefold. The third position in this ranking was held by Italy (X units), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+8.7% per year) and Italy (+12.3% per year).

In value terms, Germany ($X) constituted the largest supplier of wooden furniture for kitchens to Slovenia, comprising 61% of total imports. The second position in the ranking was held by Austria ($X), with a 19% share of total imports. It was followed by Italy, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+8.7% per year) and Italy (+12.2% per year).

Import Prices by Country

The average wooden kitchen furniture import price stood at $X per unit in 2022, increasing by 2.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($X per unit) and Austria ($X per unit), while the price for Italy ($X per unit) and Serbia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform