Germany: Plastic Furniture Market 2024

Plastic Furniture Market Size in Germany

In 2021, the German plastic furniture market increased by 38% to $X, rising for the third year in a row after two years of decline. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +65.5% against 2018 indices. Plastic furniture consumption peaked in 2021 and is expected to retain growth in the near future.

Plastic Furniture Production in Germany

In value terms, plastic furniture production reached $X in 2021 estimated in export price. In general, production, however, recorded a mild setback. The pace of growth was the most pronounced in 2014 when the production volume increased by 27% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Plastic Furniture Exports

Exports from Germany

In 2021, the amount of furniture of plastic exported from Germany expanded to X units, picking up by 4.5% compared with 2020. The total export volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when exports increased by 16% against the previous year. As a result, the exports attained the peak of X units; afterwards, it flattened through to 2021.

In value terms, plastic furniture exports rose sharply to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 14%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Austria (X units), France (X units) and the Netherlands (X units) were the main destinations of plastic furniture exports from Germany, with a combined 40% share of total exports. The UK, Poland, Italy, Switzerland, Belgium, the Czech Republic, Spain and the United States lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were in the UK (with a CAGR of +10.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Switzerland ($X) were the largest markets for plastic furniture exported from Germany worldwide, together comprising 36% of total exports. The Netherlands, the UK, Poland, Italy, Spain, Belgium, the Czech Republic and the United States lagged somewhat behind, together accounting for a further 42%.

In terms of the main countries of destination, Poland, with a CAGR of +8.9%, saw the highest rates of growth with regard to 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

The average plastic furniture export price stood at $X per unit in 2021, increasing by 4.5% against the previous year. Overall, the export price, however, saw a perceptible descent. The growth pace was the most rapid in 2014 when the average export price increased by 7.6% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Furniture Imports

Imports into Germany

In 2021, the amount of furniture of plastic imported into Germany skyrocketed to X units, jumping by 25% compared with 2020. The total import volume increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic furniture imports surged to $X in 2021. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 33%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

Italy (X units), China (X units) and the Netherlands (X units) were the main suppliers of plastic furniture imports to Germany, with a combined 57% share of total imports. Poland, Israel, Vietnam and Spain lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +28.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic furniture suppliers to Germany were the Netherlands ($X), China ($X) and Italy ($X), together comprising 53% of total imports. These countries were followed by Poland, Israel, Vietnam and Spain, which together accounted for a further 28%.

Spain, with a CAGR of +30.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average plastic furniture import price amounted to $X per unit, rising by 4.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 15%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :