Czech Republic: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in the Czech Republic

In 2022, the Czech metal office furniture market increased by 130% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption recorded prominent growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Metal Office Furniture Production in the Czech Republic

In value terms, metal office furniture production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 111% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Metal Office Furniture Exports

Exports from the Czech Republic

In 2022, after four years of growth, there was significant decline in shipments abroad of metal office furniture, when their volume decreased by -21% to X tons. Over the period under review, exports, however, posted a strong expansion. The growth pace was the most rapid in 2015 with an increase of 52%. The exports peaked at X tons in 2021, and then shrank notably in the following year.

In value terms, metal office furniture exports declined sharply to $X in 2022. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Germany (X tons) was the main destination for metal office furniture exports from the Czech Republic, accounting for a 28% share of total exports. Moreover, metal office furniture exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+11.4% per year) and Austria (+6.6% per year).

In value terms, Germany ($X) remains the key foreign market for metal office furniture exports from the Czech Republic, comprising 27% of total exports. The second position in the ranking was held by Austria ($X), with a 13% share of total exports. It was followed by France, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+5.8% per year) and France (+15.6% per year).

Export Prices by Country

In 2022, the average metal office furniture export price amounted to $X per ton, picking up by 3.7% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to France ($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 Sweden (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Office Furniture Imports

Imports into the Czech Republic

In 2022, overseas purchases of metal office furniture increased by 54% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.2% 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 +86.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal office furniture imports skyrocketed to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +54.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of metal office furniture imports to the Czech Republic, together accounting for 67% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +20.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal office furniture suppliers to the Czech Republic were China ($X), Germany ($X) and Poland ($X), together accounting for 52% of total imports.

Among the main suppliers, China, with a CAGR of +22.1%, recorded 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

The average metal office furniture import price stood at $X per ton in 2022, reducing by -16.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2020 when the average import price increased by 41%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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