Sweden: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Sweden

For the third consecutive year, the Swedish wooden kitchen furniture market recorded growth in sales value, which increased by 14% to $X in 2022. Overall, consumption continues to indicate a strong expansion. Wooden kitchen furniture consumption peaked in 2022 and is likely to see gradual growth in the near future.

Wooden Kitchen Furniture Production in Sweden

In value terms, wooden kitchen furniture production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when the production volume increased by 16% 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 Sweden

For the fifth year in a row, Sweden recorded decline in overseas shipments of wooden furniture for kitchens, which decreased by -37.7% to X units in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 when exports increased by 22% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden kitchen furniture exports shrank to $X in 2022. In general, exports continue to indicate a noticeable setback. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units) was the main destination for wooden kitchen furniture exports from Sweden, with a 80% share of total exports. Moreover, wooden kitchen furniture exports to Norway exceeded the volume sent to the second major destination, Denmark (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Norway stood at -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+0.2% per year) and Finland (-7.7% per year).

In value terms, Norway ($X) remains the key foreign market for wooden furniture for kitchens exports from Sweden, comprising 80% of total exports. The second position in the ranking was held by Denmark ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Norway totaled -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+6.2% per year) and Finland (-2.2% per year).

Export Prices by Country

The average wooden kitchen furniture export price stood at $X per unit in 2022, jumping by 45% against the previous year. In general, the export price showed a remarkable increase. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Finland ($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 Denmark (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Kitchen Furniture Imports

Imports into Sweden

Wooden kitchen furniture imports into Sweden declined slightly to X units in 2022, flattening at the previous year's figure. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +6.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 34%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, wooden kitchen furniture imports rose modestly to $X in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Denmark (X units), Lithuania (X units) and the Czech Republic (X units) were the main suppliers of wooden kitchen furniture imports to Sweden, with a combined 80% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +56.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Lithuania ($X) and the Czech Republic ($X) constituted the largest wooden kitchen furniture suppliers to Sweden, with a combined 80% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +55.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden kitchen furniture import price amounted to $X per unit, surging by 2.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 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 Denmark ($X per unit) and Romania ($X per unit), while the price for Italy ($X per unit) and Lithuania ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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