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Ikea Billy Bookshelf Index Shows Lowest Price in U.A.E. (Table)

By Kristian Siedenburg

Sept. 9 (Bloomberg) -- The following table lists the cost of Ikea’s standard Billy bookshelf in 38 countries, according to figures published on the Ikea website. The bookshelf was cheapest in the United Arab Emirates with a price of AED175 ($47.64) and most expensive in Israel ILS395 ($103.48). Across the countries surveyed the average price was $60.09. Prices were collected on Sept. 7 to 9 and converted to USD at the average exchange rate over the past 30 days.


========================================================
Country               Catalogue       Local        Index
                     price (USD)    Currency
========================================================
Average Price            60.09      60.09  USD     100.0
========================================================
U.A.E.                   47.64     175.00  AED      79.3
U.K.                     49.34      29.90  GBP      82.1
Belgium                  49.91      34.95  EUR      83.1
========================================================
Country               Catalogue       Local        Index
                     price (USD)    Currency
========================================================
Spain (mainland)         49.98      35.00  EUR      83.2
France                   49.98      35.00  EUR      83.2
Netherlands              49.98      35.00  EUR      83.2
Portugal                 49.98      35.00  EUR      83.2
Denmark                  51.60     269.00  DKK      85.9
Poland                   51.89     149.95  PLN      86.4
Malaysia                 52.60     185.00  MYR      87.5
Hungary                  52.79    9990.00  HUF      87.9
Germany                  54.26      38.00  EUR      90.3
Taiwan                   54.63    1795.00  TWD      90.9
Iceland                  54.86    6950.00  ISK      91.3
Singapore                54.86      79.00  SGD      91.3
Sweden                   55.11     395.00  SEK      91.7
Czech Republic           55.48     995.00  CZK      92.3
Ireland                  55.69      39.00  EUR      92.7
Italy                    55.69      39.00  EUR      92.7
Austria                  55.69      39.00  EUR      92.7
========================================================
Country               Catalogue       Local        Index
                     price (USD)    Currency
========================================================
Finland                  55.69      39.00  EUR      92.7
Switzerland              56.24      59.95  CHF      93.6
Russia                   56.59    1790.00  RUB      94.2
Slovakia                 57.05      39.95  EUR      94.9
U.S.                     59.99      59.99  USA      99.8
Norway                   60.15     365.00  NOK     100.1
Japan                    62.50    5900.00  JPY     104.0
Greece                   64.26      45.00  EUR     106.9
Cyprus                   64.26      45.00  EUR     106.9
Canada                   64.33      69.99  CAD     107.1
Hong Kong                64.38     499.00  HKD     107.1
China                    65.72     449.00  CNY     109.4
Turkey                   66.49      99.00  TRY     110.7
Romania                  67.28     199.00  RON     112.0
Australia (2)            74.58      89.00  AUD     124.1
Saudi Arabia             78.67     295.00  SAR     130.9
Australia (1)            79.61      95.00  AUD     132.5
========================================================
Country               Catalogue       Local        Index
                     price (USD)    Currency
========================================================
Kuwait                   90.28      26.00  KWD     150.2
Israel                  103.48     395.00  ILS     172.2
========================================================
NOTE: Billy bookshelf, white, W80 x D28, H202 cm.
USD conversions are calculated by Bloomberg using a
30-day moving average.
(1) Victoria, East and Queensland
(2) South and West Australia

SOURCE: Ikea

To contact the reporter on this story: Kristian Siedenburg in Budapest at ksiedenburg@bloomberg.net

Last Updated: September 9, 2009 04:20 EDT

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