Spain: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Spain

The Spanish wooden furniture treatments market expanded modestly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Wooden furniture treatments consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Wooden Furniture Treatments Production in Spain

In value terms, wooden furniture treatments production dropped to $X in 2022 estimated in export price. Overall, production saw a deep setback. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Wooden Furniture Treatments Exports

Exports from Spain

In 2022, overseas shipments of polishes and creams for wooden furniture and floors decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wooden furniture treatments exports contracted sharply to $X in 2022. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Portugal (X tons) was the main destination for wooden furniture treatments exports from Spain, accounting for a X% share of total exports. Moreover, wooden furniture treatments exports to Portugal exceeded the volume sent to the second major destination, Mexico (X tons), eightfold. The third position in this ranking was held by the Czech Republic (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Portugal amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Czech Republic (X% per year).

In value terms, Portugal ($X) remains the key foreign market for polishes and creams for wooden furniture and floors exports from Spain, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Portugal amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average wooden furniture treatments export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the 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 Mexico ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports

Imports into Spain

In 2022, overseas purchases of polishes and creams for wooden furniture and floors decreased by X% to X tons, falling for the second consecutive year after four years of growth. Overall, imports showed a perceptible curtailment. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden furniture treatments imports reduced modestly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest wooden furniture treatments supplier to Spain, accounting for a X% share of total imports. Moreover, wooden furniture treatments imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the Czech Republic (X% per year).

In value terms, the Netherlands ($X), France ($X) and Germany ($X) appeared to be the largest wooden furniture treatments suppliers to Spain, with a combined X% share of total imports. Italy, the Czech Republic, Portugal, Belgium and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Czech Republic, with a CAGR of X%, 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 2022, the average wooden furniture treatments import price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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