EU: Metal Furniture Market 2020

Metal Furniture Market Size in the EU

The revenue of the metal furniture market in the European Union amounted to $X in 2017, rising by X% against the previous year. The metal furniture consumption continues to indicate a significant contraction. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the metal furniture market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Metal Furniture Production in the EU

In 2017, production of metal furniture in the European Union totaled X units, approximately equating the previous year. The metal furniture production continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% against the previous year. Over the period under review, the metal furniture production reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Metal Furniture Exports in the EU

In 2017, the amount of metal furniture exported in the European Union amounted to X units, rising by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, metal furniture exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Metal Furniture Exports by Country in the EU

Germany represented the key exporter of metal furniture in the European Union, with the volume of exports resulting at X units, which was approx. X% of total exports in 2017. Italy (X units) ranks second in terms of the global exports with a X% share, followed by the Czech Republic (X%), Poland (X%), Spain (X%), the Netherlands (X%), Sweden (X%) and the UK (X%). Belgium (X units), France (X units), Slovakia (X units) and Romania (X units) occupied the weak share of total exports.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2017. At the same time, Poland (+X%), Romania (+X%), the Netherlands (+X%), Slovakia (+X%), the Czech Republic (+X%), the UK (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Sweden and France experienced a relatively flat trend pattern. By contrast, Italy (-X%) and Spain (-X%) illustrated a downward trend over the same period. Italy (X%) and Spain (X%) significantly strengthened its position in terms of the global exports, while the Netherlands, the Czech Republic, Poland and Germany saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest metal furniture supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-X% per year) and the Netherlands (+X% per year).

Metal Furniture Export Prices by Country in the EU

The metal furniture export price in the European Union stood at $X per thousand units in 2017, going up by X% against the previous year. The metal furniture export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. The level of export price peaked of $X per thousand units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per thousand units), while Slovakia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Spain (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Furniture Imports in the EU

In 2017, metal furniture imports in the European Union stood at X units, going up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, metal furniture imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the metal furniture imports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Metal Furniture Imports by Country in the EU

Germany (X units), the UK (X units) and France (X units) represented roughly X% of total imports of metal furniture in 2017. It was distantly followed by the Netherlands (X units), Belgium (X units), Italy (X units), Spain (X units) and Sweden (X units), together constituting X% share of total imports. Denmark (X units), Poland (X units), Austria (X units) and the Czech Republic (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Czech Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest metal furniture markets worldwide were Germany ($X), the UK ($X) and France ($X), together accounting for X% of total imports. These countries were followed by the Netherlands, Belgium, Sweden, Spain, Italy, Austria, Denmark, Poland and the Czech Republic, which together accounted for a further X%.

The Czech Republic (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Metal Furniture Import Prices by Country in the EU

In 2017, the metal furniture import price in the European Union amounted to $X per thousand units, jumping by X% against the previous year. The metal furniture import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the import prices for metal furniture attained its maximum level of $X per thousand units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Austria ($X per thousand units), while Poland ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Spain (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform