Israel - Metal Office Furniture - Market Analysis, Forecast, Size, Trends and Insights
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Metal Office Furniture Market Size in Israel
The Israeli metal office furniture market skyrocketed to $X in 2022, with an increase of 35% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a significant increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.
Metal Office Furniture Exports
Exports from Israel
In 2022, approx. X tons of metal office furniture were exported from Israel; rising by 100% on 2021. Overall, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal office furniture exports skyrocketed to $X in 2022. In general, exports saw prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
The United States (X tons) was the main destination for metal office furniture exports from Israel, accounting for a 56% share of total exports. Moreover, metal office furniture exports to the United States exceeded the volume sent to the second major destination, Belgium (X tons), sixfold. The third position in this ranking was held by Costa Rica (X tons), with a 7% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+65.0% per year) and Costa Rica (+21.8% per year).
In value terms, the United States ($X) remains the key foreign market for metal office furniture exports from Israel, comprising 56% of total exports. The second position in the ranking was held by Belgium ($X), with an 8.7% share of total exports. It was followed by Costa Rica, with a 7% share.
From 2012 to 2022, the average annual growth rate of value to the United States totaled +16.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+70.3% per year) and Costa Rica (+23.9% per year).
Export Prices by Country
In 2022, the average metal office furniture export price amounted to $X per ton, shrinking by -6.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then reduced in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and Cyprus ($X per ton), while the average price for exports to China ($X per ton) and Belgium ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Office Furniture Imports
Imports into Israel
In 2022, the amount of metal office furniture imported into Israel surged to X tons, picking up by 33% compared with the previous year's figure. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, metal office furniture imports soared to $X in 2022. Overall, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
China (X tons), Italy (X tons) and the UK (X tons) were the main suppliers of metal office furniture imports to Israel, together accounting for 77% of total imports.
From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +29.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, China ($X), Italy ($X) and the UK ($X) appeared to be the largest metal office furniture suppliers to Israel, with a combined 77% share of total imports.
China, with a CAGR of +29.6%, 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
In 2022, the average metal office furniture import price amounted to $X per ton, rising by 11% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 12%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Italy ($X per ton), while the price for China ($X per ton) and the UK ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.1%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal office furniture market in Israel. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31011100 - Metal furniture for offices
Country coverage:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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