U.S. - Furniture Of Plastic - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingImport of Plastic Furniture in United States Drops 13% to $55M in June 2023
U.S. Plastic Furniture Imports
In June 2023, approximately 7M units of furniture of plastic were imported into the United States; shrinking by -21.1% compared with May 2023. Over the period under review, imports recorded a noticeable decline. The most prominent rate of growth was recorded in May 2023 when imports increased by 17% month-to-month. Imports peaked at 9.5M units in June 2022; however, from July 2022 to June 2023, imports failed to regain momentum.
In value terms, plastic furniture imports dropped to $55M (IndexBox estimates) in June 2023. Overall, imports recorded a noticeable downturn. The pace of growth was the most pronounced in January 2023 with an increase of 16% m-o-m. Over the period under review, imports reached the peak figure at 82M units in June 2022; however, from July 2022 to June 2023, imports remained at a lower figure. 
| COUNTRY | Import Value of Plastic Furniture in U.S. (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| China | 47.6 | 43.6 | 45.3 | 37.2 | 36.2 | 31.4 | 32.1 | 34.6 | 35.2 | 28.1 | 32.0 | 31.9 | 27.7 |
| Canada | 15.1 | 13.3 | 12.8 | 11.4 | 9.2 | 9.7 | 9.6 | 12.1 | 10.6 | 16.3 | 12.1 | 12.9 | 12.2 |
| Taiwan (Chinese) | 2.0 | 2.1 | 2.1 | 1.7 | 1.7 | 1.1 | 1.2 | 1.3 | 1.1 | 1.6 | 2.3 | 3.1 | 2.6 |
| Vietnam | 4.1 | 3.7 | 2.9 | 2.3 | 1.9 | 2.9 | 2.6 | 3.7 | 2.1 | 1.6 | 1.8 | 2.1 | 1.3 |
| Israel | 2.9 | 2.0 | 2.4 | 2.1 | 1.9 | 1.1 | 0.5 | 2.0 | 2.3 | 4.4 | 2.3 | 2.6 | 1.2 |
| Italy | 1.2 | 1.0 | 1.5 | 1.5 | 1.1 | 1.0 | 1.0 | 1.3 | 0.7 | 1.2 | 0.8 | 0.8 | 1.2 |
| Austria | 0.2 | 0.4 | 0.2 | 0.5 | 0.3 | 0.7 | 0.5 | 0.6 | 0.9 | 0.8 | 0.2 | 0.4 | 0.1 |
| Others | 8.7 | 8.9 | 7.3 | 7.2 | 8.3 | 7.7 | 6.4 | 7.0 | 7.0 | 9.0 | 7.7 | 9.6 | 8.7 |
| Total | 81.9 | 75.2 | 74.6 | 63.9 | 60.6 | 55.8 | 53.9 | 62.5 | 59.9 | 63.0 | 59.2 | 63.4 | 55.0 |
Imports by Country
China (2.9M units), Canada (1.7M units) and Taiwan (Chinese) (333K units) were the main suppliers of plastic furniture imports to the United States, together accounting for 72% of total imports. Israel, Italy, Vietnam and Austria lagged somewhat behind, together accounting for a further 9.4%.
From June 2022 to June 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +5.1%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($28M) constituted the largest supplier of plastic furniture to the United States, comprising 50% of total imports. The second position in the ranking was held by Canada ($12M), with a 22% share of total imports. It was followed by Taiwan (Chinese), with a 4.8% share.
From June 2022 to June 2023, the average monthly growth rate of value from China totaled -4.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (-1.8% per month) and Taiwan (Chinese) (+2.3% per month).
Import Prices by Country
In June 2023, the plastic furniture price amounted to $7.9 per unit (CIF, US), rising by 10% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $8.8 per unit in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($17.5 per unit), while the price for Brazil ($3.3 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the plastic furniture market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31091430 - Furniture of plastics (excluding medical, surgical, dental or veterinary furniture - cases and cabinets specially designed for hi-fi systems, videos and televisions)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
