Wooden bedroom furniture market in Belgium

Earlier Report Observations

Production of wooden bedroom furniture in Belgium declined steadily from 2018 to 2024, falling by over 49% in volume to 96 thousand units and by 45% in value to $23.3 million. This drop occurred alongside shifts in international trade, with imports peaking at 1 055 thousand units in 2020 before receding, while exports also fluctuated, reaching a high of 565 thousand units in the same year.

The market volume in physical terms decreased from 590 thousand units in 2018 to 585 thousand units in 2024, but with significant volatility. After a dip in 2019, the market grew in 2020 and 2021 to 675 thousand units, then fell sharply in 2022 and gradually recovered. In value terms, the market followed a similar pattern, peaking at $120 million in 2021 but largely returning to its 2018 level of around $104 million by the end of the period.

Production wooden bedroom furniture in Belgium

In value, 2017-2020, K $ US

Belgium's wooden bedroom furniture production has declined for the third consecutive year. In 2020, output was valued at 32 611 K $ US, marking a modest 8.1% reduction compared to 2019. From 2017 to 2020, production decreased by 36.1%, which translates to an annualized decline rate of 13.9%.

Annual dynamics of production in Belgium in value, 2017-2020, K $ US

In kind, 2017-2020, K unit

Belgium's wooden bedroom furniture production volume has fallen for the third year in a row. In 2020, 162.4 K units were produced, representing a moderate year-over-year drop of 8.0%. Over the 2017-2020 period, production decreased by 30.6%, with a compound annual growth rate (CAGR) of -11.5%.

Annual dynamics of production in Belgium in kind, 2017-2020, K unit

Exports wooden bedroom furniture from Belgium

Exports in kind, K unit

Wooden bedroom furniture exports from Belgium have increased for the second consecutive year. In 2020, exports reached 565 K units, showing a strong 16.9% rise compared to the previous year. Between 2017 and 2020, exports grew by 23.2%, equating to an annualized rate of 7.2%. The lowest volume was recorded in 2018 at 404 K units, which also saw the largest decline of 11.9%. In contrast, the largest increase occurred in 2019 with a 19.6% jump.

Annual dynamics of product's exports from Belgium in kind, 2017-2020, K unit

From 2017 to 2020, France, the Netherlands, and Germany were the top destinations for Belgium's wooden bedroom furniture exports in volume terms. France accounted for 43.7% of exports, followed by the Netherlands at 21.8%, and Germany at 11.9%. Together, these three countries made up 77.4% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Belgium in kind, 2017-2020

Exports in value, M $ US

In 2020, Belgium's wooden bedroom furniture exports totaled 36.7 M $ US, up by 11.4% compared to the previous year. Between 2017 and 2020, exports increased by 13.2%, with an annualized growth rate of 4.2%. The largest decline was recorded in 2019 at 7.0%.

Annual dynamics of product's exports from Belgium in value, 2017-2020, M $ US

From 2017 to 2020, France, the Netherlands, and Germany remained the primary buyers of Belgian wooden bedroom furniture in value terms. France represented 43.9% of exports, the Netherlands 21.6%, and Germany 11.7%. Collectively, these three countries formed 77.3% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Belgium in value, 2017-2020

Imports wooden bedroom furniture to Belgium

Imports in kind, K unit

Imported wooden bedroom furniture volumes in Belgium have risen for the third consecutive year. In 2020, imports amounted to 1 055 K units, which is 24.3% higher year-over-year. Over the 2017-2020 period, imports increased by 39.5%, with a compound annual growth rate (CAGR) of 11.7%.

Annual dynamics of product's imports to Belgium in kind, 2017-2020, K unit

From 2017 to 2020, the Netherlands, Germany, and Poland were the main sources of wooden bedroom furniture imports to Belgium in volume terms. The Netherlands accounted for 25.5% of imports, Germany for 23.8%, and Poland for 10.6%. Together, these three countries represented 59.9% of total import volumes.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Belgium in kind, 2017-2020

Imports in value, M $ US

Foreign wooden bedroom furniture supplies to Belgium have increased for the third year in a row. In 2020, imports were valued at 108.2 M $ US, up by 9.8% over the past year. Between 2017 and 2020, imports grew by 19.7%, equating to an annualized rate of 6.2%.

Annual dynamics of product's imports to Belgium in value, 2017-2020, M $ US

From 2017 to 2020, the Netherlands, Germany, and Poland accounted for the largest share of Belgium's wooden bedroom furniture imports in value terms. The Netherlands represented 25.6% of imports, Germany 24.0%, and Poland 10.6%. Together, these three countries comprised 60.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Belgium in value, 2017-2020