Switzerland: Wooden Bedroom Furniture Market 2024

Wooden Bedroom Furniture Market Size in Switzerland

The Swiss wooden bedroom furniture market contracted to $X in 2022, with a decrease of -12.4% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +59.4% against 2020 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Wooden Bedroom Furniture Production in Switzerland

In value terms, wooden bedroom furniture production shrank to $X in 2022 estimated in export price. Overall, production recorded a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Wooden Bedroom Furniture Exports

Exports from Switzerland

In 2022, overseas shipments of wooden furniture of a kind used in the bedroom decreased by -5.3% to X units, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 31% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden bedroom furniture exports expanded modestly to $X in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when exports increased by 11%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for wooden bedroom furniture exports from Switzerland, with a 81% share of total exports. Moreover, wooden bedroom furniture exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold. The third position in this ranking was taken by France (X units), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+6.3% per year) and France (-5.0% per year).

In value terms, Germany ($X) remains the key foreign market for wooden furniture of a kind used in the bedroom exports from Switzerland, comprising 81% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 7.5% share of total exports. It was followed by France, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+7.3% per year) and France (-4.1% per year).

Export Prices by Country

The average wooden bedroom furniture export price stood at $X per unit in 2022, picking up by 10% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 27% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per unit) and Germany ($X per unit), while the average price for exports to Austria ($X per unit) and Belgium ($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 the Netherlands (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Bedroom Furniture Imports

Imports into Switzerland

In 2022, purchases abroad of wooden furniture of a kind used in the bedroom decreased by -19.6% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 87% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, wooden bedroom furniture imports declined to $X in 2022. The total import value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 8.3% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of wooden bedroom furniture to Switzerland, with a 33% share of total imports. Moreover, wooden bedroom 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 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.4% per year) and Poland (+7.9% per year).

In value terms, Germany ($X) constituted the largest supplier of wooden furniture of a kind used in the bedroom to Switzerland, comprising 33% of total imports. The second position in the ranking was held by Italy ($X), with a 16% share of total imports. It was followed by Poland, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.7% per year) and Poland (+8.7% per year).

Import Prices by Country

The average wooden bedroom furniture import price stood at $X per unit in 2022, with an increase of 24% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 83%. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and Lithuania ($X per unit), while the price for China ($X per unit) and Turkey ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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