Ukraine: Metal Office Furniture Market 2024

Metal Office Furniture Market Size in Ukraine

The Ukrainian metal office furniture market fell to $X in 2022, dropping by -5.4% against the previous year. In general, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -10.7% against 2019 indices. Metal office furniture consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Metal Office Furniture Production in Ukraine

In value terms, metal office furniture production shrank slightly to $X in 2022 estimated in export price. Overall, production showed a slight decrease. The pace of growth was the most pronounced in 2017 with an increase of 31% against the previous year. Metal office furniture production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Metal Office Furniture Exports

Exports from Ukraine

In 2022, overseas shipments of metal office furniture decreased by -17.4% to X tons, falling for the second consecutive year after two years of growth. In general, total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -34.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 54%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal office furniture exports declined remarkably to $X in 2022. Overall, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 68% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons), Lithuania (X tons) and Moldova (X tons) were the main destinations of metal office furniture exports from Ukraine, together comprising 60% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +140.7%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Lithuania ($X) and Poland ($X) were the largest markets for metal office furniture exported from Ukraine worldwide, together accounting for 54% of total exports.

In terms of the main countries of destination, Romania, with a CAGR of +131.4%, 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 office furniture export price amounted to $X per ton, declining by -6.5% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 an increase of 19%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 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 Kazakhstan ($X per ton), while the average price for exports to Romania ($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 Latvia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Office Furniture Imports

Imports into Ukraine

After six years of growth, supplies from abroad of metal office furniture decreased by -52.6% to X tons in 2022. In general, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 50%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metal office furniture imports dropped markedly to $X in 2022. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 49%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest metal office furniture supplier to Ukraine, with a 73% share of total imports. Moreover, metal office furniture imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold. Poland (X tons) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-21.0% per year) and Poland (-10.9% per year).

In value terms, China ($X) constituted the largest supplier of metal office furniture to Ukraine, comprising 52% of total imports. The second position in the ranking was taken by Poland ($X), with a 9.2% share of total imports. It was followed by Italy, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-9.8% per year) and Italy (-14.6% per year).

Import Prices by Country

The average metal office furniture import price stood at $X per ton in 2022, falling by -15.1% against the previous year. Overall, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2019 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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