Global Metal Office Furniture Market 2024

Metal Office Furniture Market Size

The global metal office furniture market was estimated at $X in 2023, leveling off at the previous year. Overall, the total consumption indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the global market reached the maximum level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Metal Office Furniture Production

In value terms, metal office furniture production reached $X in 2023 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, global production attained the peak level at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

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Metal Office Furniture Exports

Exports

In 2023, the amount of metal office furniture exported worldwide expanded rapidly to X tons, with an increase of X% against 2022 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The global exports peaked in 2023 and are likely to see gradual growth in the near future.

In value terms, metal office furniture exports rose markedly to $X in 2023. Overall, total exports indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The global exports peaked in 2023 and are likely to see steady growth in the near future.

Exports by Country

China represented the largest exporter of metal office furniture in the world, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2023. It was distantly followed by Canada (X tons) and Turkey (X tons), together achieving a X% share of total exports. Germany (X tons), the Netherlands (X tons), Italy (X tons), Taiwan (Chinese) (X tons), Poland (X tons), Belgium (X tons), Spain (X tons), Malaysia (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to metal office furniture exports from China stood at X%. At the same time, the Netherlands (X%), the Czech Republic (X%), Turkey (X%), Poland (X%), Spain (X%), Belgium (X%), Canada (X%), Taiwan (Chinese) (X%) and Germany (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Malaysia (X%) and Italy (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China, the Netherlands and Turkey increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: Canada (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average metal office furniture export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Metal Office Furniture Imports

Imports

In 2023, approx. X tons of metal office furniture were imported worldwide; waning by X% against the previous year's figure. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2023, the growth of global imports failed to regain momentum.

In value terms, metal office furniture imports contracted slightly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Global imports peaked at $X in 2022, and then shrank slightly in the following year.

Imports by Country

The United States (X tons), Germany (X tons), the UK (X tons), the Netherlands (X tons), France (X tons), Indonesia (X tons), Belgium (X tons) and Canada (X tons) represented roughly X% of total imports in 2023. Poland (X tons), Italy (X tons), Australia (X tons), Japan (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual growth rate of value in the United States totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

The average metal office furniture import price stood at $X per ton in 2023, flattening at the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2023 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform