Report Update Nov 1, 2024

Thailand - Wooden Furniture of A Kind Used in Offices - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Thailand

The Thai wooden office furniture market expanded notably to $X in 2021, increasing by 7% against the previous year. Over the period under review, consumption, however, saw a mild decrease. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Wooden Office Furniture Production in Thailand

In value terms, wooden office furniture production reached $X in 2021 estimated in export price. In general, production, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2016 when the production volume increased by 14%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Wooden Office Furniture Exports

Exports from Thailand

In 2021, shipments abroad of wooden furniture of a kind used in offices was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 59% against the previous year. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wooden office furniture exports totaled less than $X in 2021. Over the period under review, exports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2013 with an increase of 26% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Reunion (X units) was the main destination for wooden office furniture exports from Thailand, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Reunion totaled +9.3%.

From 2012 to 2021, the average annual growth rate of value to No country was relatively modest.

Export Prices by Country

The average wooden office furniture export price stood at $X per unit in 2019, surging by 15% against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2014 an increase of 61% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2019, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($X per unit), while the average price for exports to Japan ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Office Furniture Imports

Imports into Thailand

After seven years of growth, purchases abroad of wooden furniture of a kind used in offices decreased by -18.9% to X units in 2019. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 35%. Over the period under review, imports hit record highs at X units in 2018, and then plummeted in the following year.

In value terms, wooden office furniture imports dropped to $X in 2019. Over the period under review, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of 46%. Over the period under review, imports hit record highs at $X in 2018, and then fell modestly in the following year.

Imports by Country

In 2019, China (X units) constituted the largest supplier of wooden office furniture to Thailand, accounting for a 76% share of total imports. Moreover, wooden office furniture imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), eightfold.

From 2012 to 2019, the average annual rate of growth in terms of volume from China stood at +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+51.1% per year) and Malaysia (-2.6% per year).

In value terms, China ($X) constituted the largest supplier of wooden furniture of a kind used in offices to Thailand, comprising 67% of total imports. The second position in the ranking was taken by Malaysia ($X), with an 11% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of value from China stood at +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-8.1% per year) and Japan (+49.9% per year).

Import Prices by Country

In 2019, the average wooden office furniture import price amounted to $X per unit, with an increase of 21% against the previous year. Overall, the import price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2016 an increase of 29%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wooden furniture of a kind used in offices in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together accounting for 49% of global consumption.

What are the largest producers of wooden furniture of a kind used in offices in the world?

China constituted the country with the largest volume of wooden office furniture production, comprising approx. 28% of total volume. Moreover, wooden office furniture production in China exceeded the figures recorded by the second-largest producer, the UK, fourfold. The United States ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of wooden furniture of a kind used in offices to Thailand?

In value terms, China constituted the largest supplier of wooden office furniture to Thailand.

What are the leading importers of wooden furniture of a kind used in offices from Thailand?

In value terms, the United States, Cambodia and Japan appeared to be the largest markets for wooden office furniture exported from Thailand worldwide, with a combined 76% share of total exports. Lao People's Democratic Republic, China, Indonesia and New Zealand lagged somewhat behind, together comprising a further 14%.

What is the average export price for wooden furniture of a kind used in offices in Thailand?

In 2021, the average wooden office furniture export price amounted to $38 per unit, declining by -10.1% against the previous year.

What is the average import price for wooden furniture of a kind used in offices in Thailand?

In 2021, the average wooden office furniture import price amounted to $27 per unit, waning by -43.9% against the previous year.

This report provides an in-depth analysis of the wooden office furniture market in Thailand. 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 31011200 - Wooden furniture of a kind used in offices
Prodcom 31021000 - Kitchen furniture

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023