Finland: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in Finland

In 2022, after six years of growth, there was decline in the Finnish metal domestic furniture market, when its value decreased by X% to $X. Overall, the total consumption indicated a strong expansion from 2012 to 2022: its value 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, consumption increased by X% against 2015 indices. Metal domestic furniture consumption peaked at $X in 2021, and then declined in the following year.

Metal Domestic Furniture Production in Finland

In value terms, metal domestic furniture production expanded markedly to $X in 2022 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2022: its value 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, production increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2022 and is likely to continue growth in years to come.

Metal Domestic Furniture Exports

Exports from Finland

In 2022, the amount of metal furniture exported from Finland contracted to X tons, reducing by X% against 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, metal domestic furniture exports declined to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Belgium (X tons), Estonia (X tons) and Sweden (X tons) were the main destinations of metal domestic furniture exports from Finland, with a combined X% share of total exports.

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

In value terms, Belgium ($X), Sweden ($X) and Estonia ($X) appeared to be the largest markets for metal domestic furniture exported from Finland worldwide, with a combined X% share of total exports.

Among the main countries of destination, Belgium, with a CAGR of X%, saw the highest growth rate of the value of exports, 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, which is down by X% against the previous year. Over the period under review, the export price saw a slight descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Estonia ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Domestic Furniture Imports

Imports into Finland

After six years of growth, purchases abroad of metal furniture decreased by X% to X tons in 2022. Over the period under review, 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 2013 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, metal domestic furniture imports reached $X in 2022. In general, total imports indicated a buoyant increase from 2012 to 2022: its value 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 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons), Sweden (X tons) and Poland (X tons) were the main suppliers of metal domestic furniture imports to Finland, with a combined X% share of total imports. Germany, Vietnam, Lithuania, Denmark, Italy, Estonia, the Netherlands, Taiwan (Chinese) and the Czech Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Sweden ($X) and Poland ($X) constituted the largest metal domestic furniture suppliers to Finland, together accounting for X% of total imports. Germany, Denmark, Vietnam, Italy, Estonia, Lithuania, the Netherlands, Taiwan (Chinese) and the Czech Republic lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average metal domestic furniture import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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