Germany: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Germany

In 2022, the German metal office furniture market increased by 3.6% to $X, rising for the second consecutive year after three years of decline. Overall, consumption saw a slight decline. Metal office furniture consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Metal Office Furniture Production in Germany

In value terms, metal office furniture production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 when the production volume increased by 5.6%. Metal office furniture production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Metal Office Furniture Exports

Exports from Germany

In 2022, exports of metal office furniture from Germany fell slightly to X tons, which is down by -2.2% compared with the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by 5.1% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal office furniture exports reached $X in 2022. The total export value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Switzerland (X tons), France (X tons) and Austria (X tons) were the main destinations of metal office furniture exports from Germany, together accounting for 47% of total exports. The Netherlands, the United States, Belgium, the UK, Italy, Spain, Luxembourg, Poland, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +13.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal office furniture exported from Germany were Switzerland ($X), France ($X) and Austria ($X), together accounting for 47% of total exports. The Netherlands, the United States, the UK, Belgium, Italy, Luxembourg, Spain, Poland, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further 37%.

Among the main countries of destination, the United States, with a CAGR of +9.0%, 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

In 2022, the average metal office furniture export price amounted to $X per ton, increasing by 3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2018 an increase of 8.7%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Hungary ($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 Poland (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Office Furniture Imports

Imports into Germany

In 2022, overseas purchases of metal office furniture decreased by -5.9% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, metal office furniture imports expanded modestly to $X in 2022. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +71.9% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Turkey (X tons) and Poland (X tons) were the main suppliers of metal office furniture imports to Germany, together accounting for 71% of total imports. Austria, the UK, the Netherlands, Greece, Serbia, Italy, Switzerland, Slovakia and France lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +140.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal office furniture suppliers to Germany were China ($X), Turkey ($X) and Poland ($X), with a combined 58% share of total imports. The Netherlands, Austria, the UK, Italy, Switzerland, Greece, Serbia, France and Slovakia lagged somewhat behind, together accounting for a further 29%.

In terms of the main suppliers, Serbia, with a CAGR of +151.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal office furniture import price amounted to $X per ton, picking up by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 17%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 the Netherlands ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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