Ukraine: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Ukraine

In 2022, the Ukrainian wooden kitchen furniture market decreased by -14.3% to $X, falling for the second consecutive year after five years of growth. In general, consumption recorded a perceptible descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wooden Kitchen Furniture Production in Ukraine

In value terms, wooden kitchen furniture production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by 30% against the previous year. Wooden kitchen furniture production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wooden Kitchen Furniture Exports

Exports from Ukraine

In 2022, overseas shipments of wooden furniture for kitchens increased by 21% to X units, rising for the seventh year in a row after two years of decline. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, wooden kitchen furniture exports shrank rapidly to $X in 2022. Overall, exports, however, continue to indicate a slight contraction. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of $X, and then dropped sharply in the following year.

Exports by Country

Germany (X units), Poland (X units) and Bulgaria (X units) were the main destinations of wooden kitchen furniture exports from Ukraine, with a combined 44% share of total exports. Romania, Latvia, the United States, France, Belgium, Moldova, the UK, Croatia, Canada and Russia lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +111.4%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Bulgaria ($X) appeared to be the largest markets for wooden kitchen furniture exported from Ukraine worldwide, together accounting for 46% of total exports. Romania, Latvia, the United States, France, Belgium, Moldova, the UK, Canada, Russia and Croatia lagged somewhat behind, together accounting for a further 41%.

Among the main countries of destination, France, with a CAGR of +98.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden kitchen furniture export price amounted to $X per unit, shrinking by -44.4% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Canada ($X per unit) and the UK ($X per unit), while the average price for exports to Croatia ($X per unit) and Moldova ($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 Latvia (-6.0%), while the prices for the other major destinations experienced a decline.

Wooden Kitchen Furniture Imports

Imports into Ukraine

In 2022, after six years of growth, there was significant decline in supplies from abroad of wooden furniture for kitchens, when their volume decreased by -63.4% to X units. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 23%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, wooden kitchen furniture imports shrank remarkably to $X in 2022. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of wooden kitchen furniture to Ukraine, with a 49% share of total imports. Moreover, wooden kitchen furniture imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Poland (X units) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.0% per year) and Poland (-27.4% per year).

In value terms, Italy ($X) constituted the largest supplier of wooden furniture for kitchens to Ukraine, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by Poland, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to -16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.5% per year) and Poland (-22.7% per year).

Import Prices by Country

The average wooden kitchen furniture import price stood at $X per unit in 2022, increasing by 6.9% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 7.4%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Romania ($X per unit) and Lithuania ($X per unit), while the price for Belarus ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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