Malta: Metal Domestic Furniture Market 2020

Metal Domestic Furniture Market Size in Malta

The revenue of the metal domestic furniture market in Malta amounted to $X in 2018, waning by -X% 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, the total market indicated a measured increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the metal domestic furniture market attained its maximum level at $X in 2017, and then declined slightly in the following year.

Metal Domestic Furniture Exports

Exports from Malta

Metal domestic furniture exports from Malta totaled X tons in 2018, shrinking by -X% against the previous year. Over the period under review, metal domestic furniture exports continue to indicate a drastic reduction. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, metal domestic furniture exports attained their peak figure at X tons in 2017, and then declined slightly in the following year.

In value terms, metal domestic furniture exports stood at $X in 2018. Overall, metal domestic furniture exports continue to indicate a deep downturn. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. In that year, metal domestic furniture exports reached their peak of $X. From 2014 to 2018, the growth of metal domestic furniture exports failed to regain its momentum.

Exports by Country

China prevails in metal domestic furniture exports structure, resulting at X tons, which was near X% of total exports in 2018. It was distantly followed by Germany (X tons), comprising a X% share of total exports. Taiwan, Chinese (X tons), Poland (X tons), Italy (X tons), Vietnam (X tons), Canada (X tons), the Netherlands (X tons) and Spain (X tons) occupied a minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), Poland (+X%), the Netherlands (+X%), Spain (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Canada and Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. China (+X p.p.), Germany (+X p.p.) and Vietnam (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal domestic furniture supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Italy (-X% per year).

Export Prices by Country

In 2018, the metal domestic furniture export price in Malta amounted to $X per ton, going up by X% against the previous year. Overall, the metal domestic furniture export price, however, continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, the export prices for metal furniture attained their peak figure at $X per ton in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Metal Domestic Furniture Imports

Imports into Malta

In 2018, the amount of metal furniture imported into Malta amounted to X tons, waning by -X% against the previous year. Overall, the total imports indicated moderate growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, metal domestic furniture imports reached their peak figure at X tons in 2017, and then declined slightly in the following year.

In value terms, metal domestic furniture imports totaled $X in 2018. Over the period under review, the total imports indicated moderate growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Malta imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. represented the key importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by Germany (X tons), the UK (X tons) and France (X tons), together generating an X% share of total imports. The Netherlands (X tons), Japan (X tons), Canada (X tons), Australia (X tons), Belgium (X tons), Italy (X tons), Poland (X tons) and Spain (X tons) took a relatively small share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Poland (+X%), the Netherlands (+X%), Germany (+X%), Australia (+X%), the UK (+X%), Belgium (+X%), Japan (+X%), Italy (+X%) and France (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Canada and Spain experienced a relatively flat trend pattern. The U.S. (+X p.p.), Germany (+X p.p.), the Netherlands (+X p.p.) and the UK (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported metal furniture into Malta, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the U.S., metal domestic furniture imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2018, the metal domestic furniture import price in Malta amounted to $X per ton, declining by -X% against the previous year. Overall, the metal domestic furniture import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 an increase of X% y-o-y. Over the period under review, the import prices for metal furniture reached their maximum at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform