Norway: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in Norway

The Norwegian metal domestic furniture market shrank to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a noticeable descent. Metal domestic furniture consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Domestic Furniture Production in Norway

In value terms, metal domestic furniture production declined to $X in 2022 estimated in export price. Overall, production saw a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Metal domestic furniture production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Metal Domestic Furniture Exports

Exports from Norway

In 2022, exports of metal furniture from Norway fell markedly to X tons, shrinking by X% on the year before. Over the period under review, exports showed a slight shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, metal domestic furniture exports fell remarkably to $X in 2022. In general, exports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

Sweden (X tons) was the main destination for metal domestic furniture exports from Norway, with a X% share of total exports. Moreover, metal domestic furniture exports to Sweden exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Denmark (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Denmark (X% per year).

In value terms, Sweden ($X), Germany ($X) and Vietnam ($X) were the largest markets for metal domestic furniture exported from Norway worldwide, together accounting for X% of total exports.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal domestic furniture export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price showed a noticeable decrease. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Sweden ($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 Vietnam (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Domestic Furniture Imports

Imports into Norway

In 2022, approx. X tons of metal furniture were imported into Norway; waning by X% on the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 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 fell to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal domestic furniture to Norway, with a X% share of total imports. Moreover, metal domestic furniture imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fivefold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Poland (X% per year).

In value terms, China ($X) constituted the largest supplier of metal furniture to Norway, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Poland (X% per year).

Import Prices by Country

The average metal domestic furniture import price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($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 Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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