Eastern Europe: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Eastern Europe

The East European metal office furniture market stood at $X in 2022, remaining constant against the previous year. Overall, consumption saw a slight descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Office Furniture Production in Eastern Europe

In value terms, metal office furniture production fell to $X in 2022 estimated in export price. Overall, production saw a slight slump. The pace of growth was the most pronounced in 2017 with an increase of 19%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Metal Office Furniture Exports

Exports in Eastern Europe

In 2022, exports of metal office furniture in Eastern Europe dropped to X tons, which is down by -2.6% compared with 2021. Total exports indicated a resilient increase from 2012 to 2022: its volume 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, exports increased by +76.8% against 2012 indices. The most prominent rate of growth was recorded in 2015 with an increase of 20%. The volume of export peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, metal office furniture exports amounted to $X in 2022. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Poland was the largest exporter of metal office furniture in Eastern Europe, with the volume of exports resulting at X tons, which was near 42% of total exports in 2022. The Czech Republic (X tons) ranks second in terms of the total exports with a 23% share, followed by Russia (9.4%), Belarus (6.5%) and Hungary (5.8%). The following exporters - Bulgaria (X tons) and Ukraine (X tons) - each recorded a 5.9% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +15.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest metal office furniture supplier in Eastern Europe, comprising 45% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 22% share of total exports. It was followed by Belarus, with a 6.8% share.

In Poland, metal office furniture exports increased at an average annual rate of +11.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+9.2% per year) and Belarus (+21.1% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, rising by 7.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 an increase of 15% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+5.3%), while the other leaders experienced more modest paces of growth.

Metal Office Furniture Imports

Imports in Eastern Europe

In 2022, metal office furniture imports in Eastern Europe was estimated at X tons, with an increase of 3.3% on 2021. Total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% 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 +25.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 24%. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, metal office furniture imports totaled $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.7% 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 +30.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) was the largest importer of metal office furniture, mixing up 30% of total imports. It was distantly followed by Russia (X tons), the Czech Republic (X tons), Hungary (X tons), Romania (X tons), Bulgaria (X tons), Lithuania (X tons) and Slovakia (X tons), together mixing up a 61% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal office furniture imports into Poland stood at +15.1%. At the same time, Lithuania (+21.0%), Romania (+13.5%), Bulgaria (+11.2%), Hungary (+9.6%) and the Czech Republic (+4.2%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +21.0% from 2012-2022. Russia experienced a relatively flat trend pattern. By contrast, Slovakia (-2.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Romania, Lithuania, Hungary and Bulgaria increased by +17, +4.2, +3.6, +2.9 and +2.3 percentage points, respectively.

In value terms, the largest metal office furniture importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together accounting for 57% of total imports. Hungary, Romania, Bulgaria, Slovakia and Lithuania lagged somewhat behind, together accounting for a further 34%.

Lithuania, with a CAGR of +21.5%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when the import price increased by 3.9%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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