Romania: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in Romania

In 2022, the Romanian metal domestic furniture market decreased by X% to $X for the first time since 2013, thus ending a eight-year rising trend. Overall, consumption, however, recorded a buoyant expansion. As a result, consumption reached the peak level of $X, and then declined markedly in the following year.

Metal Domestic Furniture Production in Romania

In value terms, metal domestic furniture production rose slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Metal Domestic Furniture Exports

Exports from Romania

Metal domestic furniture exports from Romania surged to X tons in 2022, jumping by X% on the year before. Over the period under review, total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal domestic furniture exports skyrocketed to $X in 2022. In general, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Poland (X tons) were the main destinations of metal domestic furniture exports from Romania, together accounting for X% of total exports. The Netherlands, Turkey, Greece, Italy, Bulgaria, Croatia, Belgium, Sweden, Spain and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, the Netherlands ($X), Germany ($X) and France ($X) constituted the largest markets for metal domestic furniture exported from Romania worldwide, with a combined X% share of total exports. Poland, Turkey, Italy, Greece, Bulgaria, Croatia, Belgium, Sweden, Spain and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Greece, with a CAGR of X%, recorded the highest growth rate of 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 domestic furniture export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal domestic furniture export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

Metal Domestic Furniture Imports

Imports into Romania

In 2022, supplies from abroad of metal furniture decreased by X% to X tons for the first time since 2013, thus ending a eight-year rising trend. Over the period under review, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, metal domestic furniture imports dropped to $X in 2022. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest metal domestic furniture supplier to Romania, accounting for a X% share of total imports. Moreover, metal domestic furniture imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The third position in this ranking was taken by Bulgaria (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: Turkey (X% per year) and Bulgaria (X% per year).

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

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

Import Prices by Country

In 2022, the average metal domestic furniture import price amounted to $X per ton, flattening at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

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 Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :