Austria: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Austria

The Austrian metal office furniture market shrank to $X in 2022, declining by -6.1% against the previous year. Overall, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +21.5% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Metal Office Furniture Production in Austria

In value terms, metal office furniture production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Metal Office Furniture Exports

Exports from Austria

In 2022, the amount of metal office furniture exported from Austria was estimated at X tons, approximately equating the year before. Overall, exports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 6.5% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, metal office furniture exports declined slightly to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. The exports peaked at $X in 2021, and then fell modestly in the following year.

Exports by Country

Germany (X tons) was the main destination for metal office furniture exports from Austria, with a 51% share of total exports. Moreover, metal office furniture exports to Germany exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was taken by Switzerland (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.3% per year) and Switzerland (-5.9% per year).

In value terms, Germany ($X) remains the key foreign market for metal office furniture exports from Austria, comprising 54% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 13% share of total exports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+1.3% per year) and France (+2.2% per year).

Export Prices by Country

The average metal office furniture export price stood at $X per ton in 2022, which is down by -4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 an increase of 18%. As a result, the export price attained the peak level of $X per ton, and then reduced slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Office Furniture Imports

Imports into Austria

In 2022, the amount of metal office furniture imported into Austria shrank to X tons, dropping by -13.1% compared with the year before. In general, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.7% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 21%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, metal office furniture imports shrank to $X in 2022. Overall, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.4% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 26%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest metal office furniture supplier to Austria, accounting for a 69% share of total imports. Moreover, metal office furniture imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was taken by Italy (X tons), with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.5% per year) and Italy (-4.8% per year).

In value terms, Germany ($X) constituted the largest supplier of metal office furniture to Austria, comprising 71% of total imports. The second position in the ranking was held by Italy ($X), with a 6.4% share of total imports. It was followed by China, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.8% per year) and China (+3.1% per year).

Import Prices by Country

The average metal office furniture import price stood at $X per ton in 2022, growing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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