Turkey: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in Turkey

In 2021, the Turkish wooden office furniture market increased by 8.1% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption saw a relatively flat trend pattern. Wooden office furniture consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Wooden Office Furniture Production in Turkey

In value terms, wooden office furniture production soared to $X in 2021 estimated in export price. Over the period under review, production enjoyed a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 52% against the previous year. Wooden office furniture production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Wooden Office Furniture Exports

Exports from Turkey

In 2021, overseas shipments of wooden furniture of a kind used in offices decreased by -2.8% to X units, falling for the second year in a row after three years of growth. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 72%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, wooden office furniture exports soared to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Iraq (X units), Libya (X units) and Israel (X units) were the main destinations of wooden office furniture exports from Turkey, together accounting for 33% of total exports. These countries were followed by Germany, Qatar, France, Turkmenistan, the UK, Morocco, the United Arab Emirates, Azerbaijan, Oman and Kazakhstan, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Morocco (with a CAGR of +25.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden office furniture exported from Turkey were Iraq ($X), Libya ($X) and Israel ($X), together accounting for 33% of total exports. Germany, Qatar, France, Turkmenistan, the UK, Morocco, Azerbaijan, the United Arab Emirates, Kazakhstan and Oman lagged somewhat behind, together accounting for a further 34%.

Morocco, with a CAGR of +25.4%, saw the highest rates of growth with regard to the value of exports, among 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 office furniture export price stood at $X per unit in 2021, growing by 25% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the 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 Morocco ($X per unit), while the average price for exports to Oman ($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 Morocco (+0.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports into Turkey

In 2021, the amount of wooden furniture of a kind used in offices imported into Turkey shrank sharply to X units, waning by -41.1% compared with 2020. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of 63%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, wooden office furniture imports dropped rapidly to $X in 2021. Over the period under review, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of 50%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), Italy (X units) and the Czech Republic (X units) were the main suppliers of wooden office furniture imports to Turkey, with a combined 57% share of total imports. Lithuania, Poland, China and the United Arab Emirates lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +111.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Czech Republic ($X) constituted the largest wooden office furniture suppliers to Turkey, together comprising 57% of total imports. Lithuania, Poland, China and the United Arab Emirates lagged somewhat behind, together accounting for a further 27%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +113.1%, saw the highest growth rate of 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 2021, the average wooden office furniture import price amounted to $X per unit, growing by 26% against the previous year. Over the period under review, the import price, however, showed a abrupt descent. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($X per unit) and Poland ($X per unit), while the price for China ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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