EU: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in the EU

The EU wooden furniture treatments market fell significantly to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption showed a pronounced setback. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.

Wooden Furniture Treatments Production in the EU

In value terms, wooden furniture treatments production contracted to $X in 2022 estimated in export price. In general, production saw a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Wooden Furniture Treatments Exports

Exports in the EU

In 2022, overseas shipments of polishes and creams for wooden furniture and floors decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wooden furniture treatments exports shrank markedly to $X in 2022. Over the period under review, exports continue to indicate a slight slump. The growth pace was the most rapid in 2020 when exports increased by X%. The level of export peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

In 2022, the Netherlands (X tons) represented the major exporter of polishes and creams for wooden furniture and floors, mixing up X% of total exports. Italy (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%) and Portugal (X%). Denmark (X tons), France (X tons), Belgium (X tons), Spain (X tons), the Czech Republic (X tons), Poland (X tons) and Hungary (X tons) held a minor share of total exports.

Exports from the Netherlands decreased at an average annual rate of X% from 2012 to 2022. At the same time, Portugal (X%), Denmark (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. France and Belgium experienced a relatively flat trend pattern. By contrast, Italy (X%), Germany (X%), Poland (X%), Spain (X%) and Hungary (X%) illustrated a downward trend over the same period. Portugal (X p.p.) and Denmark (X p.p.) significantly strengthened its position in terms of the total exports, while Hungary and the Netherlands saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wooden furniture treatments supplying countries in the European Union were the Netherlands ($X), Italy ($X) and Denmark ($X), with a combined X% share of total exports. Germany, France, Portugal, Belgium, Poland, Spain, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Portugal, with a CAGR of X%, 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

The export price in the European Union stood at $X per ton in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Wooden Furniture Treatments Imports

Imports in the EU

After three years of growth, supplies from abroad of polishes and creams for wooden furniture and floors decreased by X% to X tons in 2022. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, wooden furniture treatments imports reduced to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, France (X tons), distantly followed by Italy (X tons), Poland (X tons), Spain (X tons), Germany (X tons), Romania (X tons) and Belgium (X tons) were the largest importers of polishes and creams for wooden furniture and floors, together achieving X% of total imports. Portugal (X tons), Slovakia (X tons), Greece (X tons), the Czech Republic (X tons), Ireland (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden furniture treatments importing markets in the European Union were France ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports. Spain, Belgium, Italy, Romania, Portugal, the Netherlands, Ireland, the Czech Republic, Slovakia and Greece lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Greece, with a CAGR of X%, recorded 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 2022, the import price in the European Union amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. The level of import peaked at $X per ton in 2017; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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