Wooden kitchen furniture market in Greece

Earlier Report Observations

The wooden kitchen furniture market in Greece was valued at 29 395 thousand US dollars in 2018, with consumer preferences emphasizing modern designs featuring horizontal lines and a strong focus on price-quality ratio. Market size then contracted to 26 788 thousand US dollars in 2019 and 25 289 thousand US dollars in 2020.

A strong recovery phase began in 2021, lifting the market to 35 817 thousand US dollars. Growth accelerated in 2022, reaching 41 063 thousand US dollars, driven by the integration of modern aesthetics with ergonomics and the rising popularity of kitchen islands, which added practical storage and counter space. This trend continued into 2023, with the market expanding to 44 723 thousand US dollars, further supported by a consumer shift towards Greek-made furniture that emphasized quality and bolstered the domestic economy.

The market reached 50 770 thousand US dollars in 2024. This growth was reinforced by the adoption of technological features like sensors and LED lighting in furniture, the use of modern and recycled materials, and active promotional efforts from Greek manufacturers, including increased discounts, which enhanced product accessibility and stimulated demand.

Production wooden kitchen furniture in Greece

In value, 2017-2020, K $ US

After two years of growth, Greece's wooden kitchen furniture production declined. In 2020, output was valued at 20 341 thousand US dollars, which is 4.0% lower than the previous year. Between 2017 and 2020, production increased by 5.1%, representing an annualized growth rate of 1.7%. The highest value was recorded in 2019 at 21 194 thousand US dollars, while the largest annual increase occurred in 2018 at 8.3%.

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

Exports wooden kitchen furniture from Greece

Exports in kind, t

Greece's cross-border shipments of wooden kitchen furniture increased for the second consecutive year. In 2020, exports reached 2 601 tonnes, marking a significant 67.5% gain compared to the previous year. Over the period from 2017 to 2020, exports grew by 25.6%, with a compound annual growth rate of 7.9%. The lowest value was recorded in 2018 at 1 311 tonnes, which also saw the largest decline of 36.7%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

From 2017 to 2020, the United States, Canada, and Cyprus formed the main cluster of markets for Greece's wooden kitchen furniture exports in kind. The United States accounted for 31.9% of exports, Canada for 11.0%, and Cyprus for 9.2%, together representing 52.0% of total export flows.

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

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

Exports in value, K $ US

Greece's wooden kitchen furniture export volume increased for the second consecutive year. In 2020, exports amounted to 7 164 thousand US dollars, indicating a sharp rise of 35.2% compared to the previous year. Between 2017 and 2020, exports grew by 35.1%, equating to an annualized rate of 10.6%. The lowest value was recorded in 2018 at 4 532 thousand US dollars, which also experienced the largest decline of 14.5%.

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

From 2017 to 2020, the partner portfolio for Greece's wooden kitchen furniture exports in value terms was quite broad. The United States accounted for 18.3% of exports, Canada for 11.0%, and Cyprus for 10.7%, together representing 40.0% of total export flows.

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

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

Imports wooden kitchen furniture to Greece

Imports in kind, t

Greece's wooden kitchen furniture import volume declined for the second consecutive year. In 2020, imports stood at 3 215 tonnes, showing only a marginal fluctuation compared to 2019. Between 2017 and 2020, imports decreased by 22.4%, with an annualized decline rate of 8.1%. The highest value was recorded in 2018 at 5 054 tonnes, while the largest decline occurred in 2019 at 36.3%. The largest increase was in 2018 at 22.1%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

From 2017 to 2020, Italy, Bulgaria, and Poland formed the main cluster of markets for Greece's wooden kitchen furniture imports in kind. Italy accounted for 39.0% of imports, Bulgaria for 31.0%, and Poland for 13.3%, together representing 83.4% of total import flows.

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

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

Imports in value, K $ US

In 2020, Greece's wooden kitchen furniture import volume totalled 12 112 thousand US dollars, reflecting an 11.2% rise over the previous year. Between 2017 and 2020, imports increased by 15.4%, equating to an annualized growth rate of 4.9%. The highest value was recorded in 2018 at 12 964 thousand US dollars, while the largest decline occurred in 2019 at 16.0%. The largest increase was in 2018 at 23.5%.

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

Throughout 2017 to 2020, the three largest markets for Greece's wooden kitchen furniture imports in value terms were Italy, Bulgaria, and Germany, together accounting for 86.8% of total import flows.

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

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