Switzerland: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Switzerland

In 2022, the Swiss metal office furniture market increased by 7.2% to $X, rising for the third consecutive year after three years of decline. Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +57.0% against 2019 indices. Metal office furniture consumption peaked in 2022 and is expected to retain growth in the near future.

Metal Office Furniture Production in Switzerland

In value terms, metal office furniture production shrank rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a dramatic contraction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 1,832% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Metal Office Furniture Exports

Exports from Switzerland

In 2022, shipments abroad of metal office furniture increased by 6.3% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 40% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal office furniture exports dropped to $X in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2013 when exports increased by 36%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for metal office furniture exports from Switzerland, with a 52% share of total exports. Moreover, metal office furniture exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-8.6% per year) and the Netherlands (-1.5% per year).

In value terms, Germany ($X) remains the key foreign market for metal office furniture exports from Switzerland, comprising 38% of total exports. The second position in the ranking was taken by France ($X), with a 19% share of total exports. It was followed by the United States, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-8.3% per year) and the United States (-4.6% per year).

Export Prices by Country

In 2022, the average metal office furniture export price amounted to $X per ton, waning by -9.2% against the previous year. Over the period under review, the export price continues to indicate a slight decrease. The growth pace was the most rapid in 2016 when the average export price increased by 7%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Serbia ($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 United States (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Office Furniture Imports

Imports into Switzerland

In 2022, overseas purchases of metal office furniture increased by 0.5% to X tons, rising for the fourth consecutive year after three years of decline. The total import volume increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, metal office furniture imports expanded notably to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.0% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), China (X tons) and Turkey (X tons) were the main suppliers of metal office furniture imports to Switzerland, with a combined 63% share of total imports. Italy, Austria, France, the UK, Bulgaria and the Netherlands lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +62.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of metal office furniture to Switzerland, comprising 41% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.5% per year) and Italy (+3.9% per year).

Import Prices by Country

The average metal office furniture import price stood at $X per ton in 2022, surging by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($X per ton), while the price for Bulgaria ($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 (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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