Czech Republic: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in the Czech Republic

The Czech metal domestic furniture market reduced to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X, and then fell in the following year.

Metal Domestic Furniture Production in the Czech Republic

In value terms, metal domestic furniture production surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Metal Domestic Furniture Exports

Exports from the Czech Republic

Metal domestic furniture exports from the Czech Republic reduced notably to X tons in 2022, with a decrease of X% compared with the previous year. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal domestic furniture exports shrank to $X in 2022. Over the period under review, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Germany (X tons), France (X tons) and the UK (X tons) were the main destinations of metal domestic furniture exports from the Czech Republic, together comprising X% of total exports. Poland, the Netherlands, Belgium, Slovakia, Denmark, the United States, Hungary, Austria, Sweden and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal domestic furniture exported from the Czech Republic were Germany ($X), the Netherlands ($X) and France ($X), together accounting for X% of total exports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal domestic furniture export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 ($X per ton), while the average price for exports to the UK ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Domestic Furniture Imports

Imports into the Czech Republic

Metal domestic furniture imports into the Czech Republic reduced to X tons in 2022, waning by X% compared with the previous year's figure. In general, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal domestic furniture imports fell significantly to $X in 2022. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell remarkably in the following year.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of metal domestic furniture imports to the Czech Republic, with a combined X% share of total imports. Slovakia, the Netherlands, the UK, Austria and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Poland ($X) constituted the largest metal domestic furniture suppliers to the Czech Republic, together accounting for X% of total imports. The UK, the Netherlands, Slovakia, Italy and Austria lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the UK, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal domestic furniture import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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