Southern Asia: Metal Furniture Market 2020

Metal Furniture Market Size in Southern Asia

The revenue of the metal furniture market in Southern Asia amounted to $X in 2017, rising by X% against the previous year. The total market indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal furniture consumption increased by +X% against 2011 indices. The growth pace was the most rapid in 2009, when it surged by X% y-o-y. The level of metal furniture consumption peaked in 2017, and is likely to continue its growth in the near future.

Metal Furniture Production in Southern Asia

In 2017, production of metal furniture in Southern Asia amounted to X units, picking up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2009, when the output figure increased by X% y-o-y. Over the period under review, the metal furniture production attained its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Metal Furniture Exports in Southern Asia

The exports amounted to X units in 2017, falling by -X% against the previous year. The metal furniture exports continue to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2011, when exports increased by X% against the previous year. Over the period under review, the metal furniture exports reached its maximum volume of X units in 2016, and then declined slightly in the following year.

In value terms, metal furniture exports amounted to $X in 2017. The metal furniture exports continue to indicate a skyrocketing growth. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Metal Furniture Exports by Country in Southern Asia

India (X units) represented roughly X% of total exports of metal furniture in 2017.

India was also the fastest growing in terms of the metal furniture exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of India decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest metal furniture supplier in Southern Asia.

From 2007 to 2017, the average annual growth rate of value in India amounted to +X%.

Metal Furniture Export Prices by Country in Southern Asia

In 2017, the metal furniture export price in Southern Asia amounted to $X per thousand units, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, when it surged by X% against the previous year. The level of export price peaked of $X per thousand units in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for India.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year).

Metal Furniture Imports in Southern Asia

The imports amounted to X units in 2017, coming up by X% against the previous year. The total imports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal furniture imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the metal furniture imports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, metal furniture imports amounted to $X in 2017. The total imports indicated a tangible increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal furniture imports increased by +X% against 2015 indices. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Metal Furniture Imports by Country in Southern Asia

India (X units) and Bangladesh (X units) represented roughly X% of total imports of metal furniture in 2017. Sri Lanka (X units) took the second position in the ranking, distantly followed by Nepal (X units). All these countries together occupied near X% share of total imports. Maldives (X units) and Pakistan (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported metal furniture in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (-X% per year) and Sri Lanka (+X% per year).

Metal Furniture Import Prices by Country in Southern Asia

In 2017, the metal furniture import price in Southern Asia amounted to $X per thousand units, reducing by -X% against the previous year. The metal furniture import price continues to indicate a significant slump. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. In that year, the import prices for metal furniture reached their peak level of $X per thousand units. From 2012 to 2017, growth of the import prices for metal furniture stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Maldives ($X per thousand units), while Bangladesh ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Maldives (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform