Switzerland: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Switzerland

In 2021, the Swiss wooden office furniture market increased by 7% to $X, rising for the second consecutive year after two years of decline. In general, consumption enjoyed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Wooden Office Furniture Production in Switzerland

In value terms, wooden office furniture production contracted remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 178% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Wooden Office Furniture Exports

Exports from Switzerland

In 2021, after two years of growth, there was significant decline in overseas shipments of wooden furniture of a kind used in offices, when their volume decreased by -37.2% to X units. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 147%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wooden office furniture exports shrank sharply to $X in 2021. In general, exports saw a perceptible decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 67% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), the United States (X units) and Italy (X units) were the main destinations of wooden office furniture exports from Switzerland, with a combined 51% share of total exports. France, Austria, the UK, Greece, Kuwait, North Macedonia, Luxembourg, the Netherlands, the United Arab Emirates and Cayman Islands lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by North Macedonia (with a CAGR of +139.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden office furniture exported from Switzerland were Germany ($X), the United States ($X) and Italy ($X), together comprising 51% of total exports. France, Austria, the UK, Greece, Kuwait, North Macedonia, Luxembourg, the United Arab Emirates, the Netherlands and Cayman Islands lagged somewhat behind, together comprising a further 34%.

North Macedonia, with a CAGR of +126.5%, recorded 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

In 2021, the average wooden office furniture export price amounted to $X per unit, rising by 11% against the previous year. Over the period under review, the export price, however, saw a pronounced descent. 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 attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Cayman Islands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-0.5%), while the prices for the other major destinations experienced a decline.

Wooden Office Furniture Imports

Imports into Switzerland

In 2021, approx. X units of wooden furniture of a kind used in offices were imported into Switzerland; growing by 89% compared with the year before. Over the period under review, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden office furniture imports expanded significantly to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of wooden office furniture to Switzerland, accounting for a 29% share of total imports. Moreover, wooden office furniture imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was held by Poland (X units), with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.0% per year) and Poland (+19.6% per year).

In value terms, Germany ($X) constituted the largest supplier of wooden furniture of a kind used in offices to Switzerland, comprising 45% of total imports. The second position in the ranking was taken by Italy ($X), with a 10% share of total imports. It was followed by Poland, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.4% per year) and Poland (+7.1% per year).

Import Prices by Country

In 2021, the average wooden office furniture import price amounted to $X per unit, with a decrease of -39.5% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of 13%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-3.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :