Moldova: Metal Domestic Furniture Market 2020

Metal Domestic Furniture Market Size in Moldova

The revenue of the metal domestic furniture market in Moldova amounted to $X in 2018, surging 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 buoyant expansion 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. Based on 2018 figures, metal domestic furniture consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Moldova metal domestic furniture consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Metal Domestic Furniture Exports

Exports from Moldova

In 2018, the metal domestic furniture exports from Moldova amounted to X tons, picking up by X% against the previous year. Overall, metal domestic furniture exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, metal domestic furniture exports reached their peak figure at X tons in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, metal domestic furniture exports stood at $X in 2018. Over the period under review, metal domestic furniture exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, metal domestic furniture exports reached their maximum at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

China prevails in metal domestic furniture exports structure, finishing at X tons, which was near X% of total exports in 2018. It was distantly followed by Germany (X tons), achieving a X% share of total exports. Taiwan, Chinese (X tons), Italy (X tons), Poland (X tons), Vietnam (X tons), Canada (X tons), the Netherlands (X tons), Spain (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

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%), Germany (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. Taiwan, Chinese and Canada experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Vietnam and Germany increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, metal domestic furniture exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Italy (-X% per year).

Export Prices by Country

The metal domestic furniture export price in Moldova stood at $X per ton in 2018, leveling off at the previous year. Overall, the metal domestic furniture export price, however, continues to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, the export prices for metal furniture attained their maximum at $X per ton in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while the Czech Republic ($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 Moldova

In 2018, the imports of metal furniture into Moldova stood at X tons, picking up by X% against the previous year. In general, the total imports indicated a resilient expansion 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. Based on 2018 figures, metal domestic furniture imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. In that year, metal domestic furniture imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, metal domestic furniture imports totaled $X in 2018. In general, metal domestic furniture imports continue to indicate a resilient increase. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, metal domestic furniture imports attained their peak figure in 2018 and are likely to continue its growth in the near future.

Imports by Country

The U.S. represented the major importer of metal furniture imported in the world, with the volume of imports accounting for X tons, which was near X% of total imports in 2018. Germany (X tons) ranks second in terms of the total imports with a X% share, followed by the UK (X%). France (X tons), 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) followed a long way behind the leaders.

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%), Australia (+X%), Germany (+X%), the UK (+X%), Belgium (+X%), Japan (+X%), Italy (+X%), France (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. Spain experienced a relatively flat trend pattern. While the share of the U.S. (+X p.p.), Germany (+X p.p.), the Netherlands (+X p.p.) and the UK (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported metal furniture into Moldova, comprising X% of global imports. The second position in the ranking was occupied by Germany ($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 expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2018, the metal domestic furniture import price in Moldova amounted to $X per ton, growing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the import price increased by X% y-o-y. Moldova import price peaked at $X per ton in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

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