Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan - 2022
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan (CIF) - 2022
In 2022, the average import price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $102 per unit, growing by 16% against the previous year. In general, the import price, however, continues to indicate a pronounced reduction. The growth pace was the most rapid in 2018 when the average import price increased by 20%. Over the period under review, average import prices hit record highs at $139 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($135 per unit), while the price for Ukraine ($76 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan (FOB) - 2022
The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $68 per unit in 2022, jumping by 40% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 50% against the previous year. As a result, the export price reached the peak level of $97 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($98 per unit), while the average price for exports to Mongolia ($42 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan
In 2022, approx. 854K units of furniture; wooden, other than for office, kitchen or bedroom use were imported into Kazakhstan; shrinking by -25.7% compared with 2021. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. As a result, imports reached the peak of 1.1M units, and then declined significantly in the following year.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use shrank to $87M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of $102M, and then contracted in the following year.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.2 | 7.9 | 9.7 | 33.3 | 59.5% |
| Turkey | 4.3 | 6.3 | 7.9 | 15.9 | 54.6% |
| Lithuania | 2.2 | 1.7 | 1.4 | 9.9 | 65.1% |
| Ukraine | 2.0 | 1.8 | 6.4 | 9.2 | 66.3% |
| China | 3.5 | 2.6 | 3.4 | 8.3 | 33.4% |
| Poland | 1.4 | 0.5 | 0.8 | 2.2 | 16.3% |
| Spain | 0.4 | 0.7 | 1.2 | 2.1 | 73.8% |
| Russia | 40.8 | 32.8 | 52.0 | N/A | 12.9% |
| Belarus | 14.0 | 12.1 | 16.3 | N/A | 7.9% |
| Others | 2.4 | 3.2 | 2.4 | 6.7 | 40.8% |
| Total | 79.1 | 69.7 | 102 | 87.4 | 3.4% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Kazakhstan in 2022:
- Italy (299.9K units)
- Turkey (143.4K units)
- Ukraine (121.8K units)
- Lithuania (97.9K units)
- China (97.1K units)
- Spain (16.9K units)
- Poland (16.3K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan
In 2022, approx. 10K units of furniture; wooden, other than for office, kitchen or bedroom use were exported from Kazakhstan; leveling off at the previous year. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. Over the period under review, the exports of hit record highs at 14K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use soared to $716K in 2022. Over the period under review, exports, however, recorded a abrupt decline. The exports peaked at $907K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.9 | 5.7 | 2.3 | 156 | 197.9% |
| Lithuania | N/A | N/A | N/A | 103 | 0% |
| Uzbekistan | 13.9 | 17.0 | 94.1 | 94.3 | 89.3% |
| Tajikistan | 30.6 | 82.8 | 62.4 | 87.1 | 41.7% |
| Russia | 330 | 123 | 18.6 | 80.9 | -37.4% |
| Kyrgyzstan | 405 | 128 | 147 | 74.3 | -43.2% |
| Ukraine | 0.1 | 21.5 | 19.8 | 32.0 | 584.0% |
| Mongolia | 65.8 | 49.0 | 1.2 | 15.6 | -38.1% |
| Belarus | N/A | 9.6 | 64.2 | N/A | 568.8% |
| Others | 55.5 | 74.6 | 98.3 | 72.5 | 9.3% |
| Total | 907 | 511 | 508 | 716 | -7.6% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Kazakhstan in 2022:
- Lithuania (2.1K units)
- United States (2.0K units)
- Russia (1.5K units)
- Uzbekistan (1.3K units)
- Kyrgyzstan (0.9K units)
- Tajikistan (0.9K units)
- Ukraine (0.4K units)
- Mongolia (0.4K units)
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