Office Furniture Export and World Market

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Office Furniture Export and World Market

How to export office office furniture? Which countries import the most office furniture? Which countries are Turkey exporting the most office furniture to? Let’s try to find the answers to these questions.

In this article, which will include office furniture exports and world market analysis research, we will provide important information to our manufacturers. In the analysis, supply and demand changes in the world market for office furniture will be examined, and specific details will be given according to the countries.

The import amount of wooden furniture used in offices in the world was over $ 3.5 billion in 2018. Turkey ranks 15th with $65 million in exports and 87th with $3.6 million in imports.

Office Furniture Export Analysis

World Giants

Top 3 countries in export; China with about $1.2 billion, Canada with $450 million, and Italy with $295 million.

Between 2014 and 2018, China’s and Canada’s exports increased by 3%, while Italy’s exports decreased by 4%.

China’s production cost advantage and Canada’s first customer being the USA shows us Italy as the closest target.

Countries with Increasing Export of Office Furniture

Between 2014-2018, the top 3 countries whose export amount increased rapidly and exported over 10 million dollars annually;

• Finland with an increase of 68% and exports of $68.5 million

• Czech Republic with 40% increase and $71 million in exports

• Netherlands with an increase of 27% and exports of $51 million

We can sort it.

These countries draw attention in terms of competition in the export market.

Turkey’s Office Furniture Export

If we examine Turkey, which is in the 15th place with its 65 million $ export, the most exported countries are;

exported countries are;

• Iraq with $8 million

• Mauritania with $7.7 million*

• Arabia with $6.5 million

• Libya with $6 million

• Qatar with $4.3 million

TURKEY EXPORT DETAILS

Between 2014 and 2018, Turkey’s export amount in the world market decreased by 6% in terms of financial value and by 2% in terms of amount.

A growth of approximately 28% has been recorded in the last 4 years in exports of approximately 1.5 million $/year from Turkey to Morocco. In addition, the import amount of Morocco for this product from all over the world has grown by 9%. Considering that the customs duty is declared as zero, Morocco attracts attention for exports.

An increase of 21% has been recorded in the last 4 years in exports of approximately $2 million/year to the United Arab Emirates and Kuwait.

Although 6 to 8 million dollars worth of exports are made to Iraq, Libya and Saudi Arabia, the amount of exports decreased by 10% on average. The reason for this can be related to the competition of other producer countries as well as political relations.

Considering the export amount of 4 million dollars to Qatar, 3 million dollars to the UK, 2 million dollars to Kuwait, Israel and the United Arab Emirates, and the increase in exports by more than 10%, it is seen that these markets maintain their value and continue to grow.

Although the export of 2 million dollars to Azerbaijan decreased between 2014-2018, it should be taken into consideration with an increase of 66% in the last 1 year. $1.7 million worth of exports to Turkmenistan fell by 27% between 2014 and 2018, and the rate of decline has exceeded 40% in the last year. Considering this data, Turkmenistan has started to be a shrinking market.

ANALYSIS OF TURKEY’S EXPORT COUNTRIES

Turkey Export Map

In this chapter, in which the internal dynamics of the countries that Turkey exports to are evaluated, the reasons for the increase/decrease in the demands of the importing countries will be examined for Turkey.

IRAK

Iraq’s total imports are around ~$35.5 million and the amount of imports increased by 7% between 2014 and 2018.

Libya’s total imports are around ~$9 million and the amount of imports decreased by 27% between 2014 and 2018.

SAUDI ARABIA

Saudi Arabia’s total imports are around ~$80 million and the amount of imports decreased by 23% between 2014 and 2018.

QATAR

Qatar’s total imports are around ~$24 million and the amount of imports decreased by 7% between 2014 and 2018.

05 Haziran 2021
110 vıewed....

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