Slovakia: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in Slovakia

In 2022, the Slovak metal domestic furniture market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a pronounced 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, consumption increased by X% against 2020 indices. Metal domestic furniture consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Metal Domestic Furniture Production in Slovakia

In value terms, metal domestic furniture production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Metal Domestic Furniture Exports

Exports from Slovakia

In 2022, the amount of metal furniture exported from Slovakia declined significantly to X tons, which is down by X% against the previous year's figure. In general, total exports indicated a buoyant expansion 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 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank significantly in the following year.

In value terms, metal domestic furniture exports shrank modestly to $X in 2022. Overall, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined modestly in the following year.

Exports by Country

Sweden (X tons), Austria (X tons) and Germany (X tons) were the main destinations of metal domestic furniture exports from Slovakia, with a combined X% share of total exports. France, the United States, the Czech Republic, Hungary, Poland, the Netherlands, Spain, the UK, Romania and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Sweden ($X) and Germany ($X) constituted the largest markets for metal domestic furniture exported from Slovakia worldwide, together comprising X% of total exports. The Netherlands, France, the Czech Republic, Hungary, Poland, the United States, Romania, Spain, the UK and Denmark lagged somewhat behind, together comprising a further X%.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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, with an increase of X% against the previous year. Overall, 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 2017 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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 Denmark ($X per ton), while the average price for exports to the UK ($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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Domestic Furniture Imports

Imports into Slovakia

In 2022, after five years of growth, there was decline in purchases abroad of metal furniture, when their volume decreased by X% to X tons. Over the period under review, imports, however, continue to indicate resilient growth. 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 tons, and then contracted modestly in the following year.

In value terms, metal domestic furniture imports stood at $X in 2022. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Austria (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of metal domestic furniture imports to Slovakia, together comprising X% of total imports. The Czech Republic, China, Spain, Hungary, Slovenia, the Netherlands and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal domestic furniture suppliers to Slovakia were Austria ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports. The Czech Republic, China, Slovenia, Spain, Hungary, the Netherlands and Italy lagged somewhat behind, together accounting for a further X%.

Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal domestic furniture import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 Slovenia ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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