Denmark: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Denmark

The Danish metal office furniture market fell remarkably to $X in 2022, which is down by -80% against the previous year. Overall, consumption showed a deep downturn. Metal office furniture consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Office Furniture Production in Denmark

In value terms, metal office furniture production dropped notably to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 65%. Metal office furniture production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Metal Office Furniture Exports

Exports from Denmark

In 2022, metal office furniture exports from Denmark contracted slightly to X tons, with a decrease of -3% compared with the previous year. Overall, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 99%. As a result, the exports attained the peak of X tons, and then declined modestly in the following year.

In value terms, metal office furniture exports totaled $X in 2022. Over the period under review, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 107%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Canada (X tons), Norway (X tons) and the Netherlands (X tons) were the main destinations of metal office furniture exports from Denmark, together comprising 63% of total exports. Germany, Ireland, Poland, Belgium, the UK, Greenland, Sweden, Finland and France lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +116.0%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for metal office furniture exports from Denmark, comprising 40% of total exports. The second position in the ranking was held by Norway ($X), with an 18% share of total exports. It was followed by Germany, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +106.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+11.0% per year) and Germany (+2.9% per year).

Export Prices by Country

In 2022, the average metal office furniture export price amounted to $X per ton, rising by 7.5% against the previous year. Overall, the export price, however, showed a perceptible slump. The growth pace was the most rapid in 2016 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Ireland ($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 Canada (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Office Furniture Imports

Imports into Denmark

In 2022, after two years of growth, there was significant decline in supplies from abroad of metal office furniture, when their volume decreased by -43% to X tons. Overall, imports, however, enjoyed mild growth. The growth pace was the most rapid in 2021 when imports increased by 78%. As a result, imports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, metal office furniture imports contracted remarkably to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 66%. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal office furniture to Denmark, with a 55% share of total imports. Moreover, metal office furniture imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fourfold. The third position in this ranking was taken by Poland (X tons), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-1.1% per year) and Poland (+11.4% per year).

In value terms, China ($X) constituted the largest supplier of metal office furniture to Denmark, comprising 35% of total imports. The second position in the ranking was held by Sweden ($X), with a 16% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-2.4% per year) and Poland (+27.2% per year).

Import Prices by Country

The average metal office furniture import price stood at $X per ton in 2022, rising by 21% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Poland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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