Global Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size

In 2022, the global metal domestic furniture market increased by X% to $X, rising for the seventh year in a row after two years of decline. Overall, the total consumption indicated a noticeable expansion 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 2015 indices. Over the period under review, the global market reached the peak level in 2022 and is likely to continue growth in years to come.

Metal Domestic Furniture Production

In value terms, metal domestic furniture production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Metal Domestic Furniture Exports

Exports

In 2022, shipments abroad of metal furniture decreased by X% to X tons for the first time since 2014, thus ending a seven-year rising trend. Over the period under review, total exports indicated notable growth 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. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then dropped dramatically in the following year.

In value terms, metal domestic furniture exports declined to $X in 2022. Overall, total exports indicated a perceptible expansion 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

China prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Vietnam (X tons), creating a X% share of total exports. Germany (X tons), the Netherlands (X tons), Taiwan (Chinese) (X tons), Poland (X tons), Italy (X tons) and Turkey (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to metal domestic furniture exports from China stood at X%. At the same time, Vietnam (X%), Turkey (X%), the Netherlands (X%), Poland (X%), Taiwan (Chinese) (X%) and Germany (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Italy experienced a relatively flat trend pattern. Vietnam (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal domestic furniture supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Vietnam ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Germany (X% per year).

Export Prices by Country

The average metal domestic furniture export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export 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 exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Metal Domestic Furniture Imports

Imports

In 2022, after ten years of growth, there was significant decline in purchases abroad of metal furniture, when their volume decreased by X% to X tons. Overall, total imports indicated noticeable growth 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, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, metal domestic furniture imports contracted to $X in 2022. In general, total imports indicated buoyant growth 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

The United States was the largest importer of metal furniture in the world, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Germany (X tons), the Netherlands (X tons) and the UK (X tons), together creating a X% share of total imports. France (X tons), Belgium (X tons), Japan (X tons), Canada (X tons), Spain (X tons), Poland (X tons), Australia (X tons), Italy (X tons) and South Korea (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal domestic furniture imports into the United States stood at X%. At the same time, the Netherlands (X%), Belgium (X%), Poland (X%), South Korea (X%), Spain (X%), Germany (X%), the UK (X%), Italy (X%), Canada (X%) and France (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Australia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States and the Netherlands increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported metal furniture worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with an X% share of global imports. It was followed by the Netherlands, with a X% share.

In the United States, metal domestic furniture imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average metal domestic furniture import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Global import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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