Norway - Metal Complete And Assembled Domestic Furniture - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Norway - Metal Complete And Assembled Domestic Furniture - Market Analysis, Forecast, Size, Trends and Insights

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Metal Domestic Furniture Price in Norway - 2023

Contents:

  1. Metal Domestic Furniture Price in Norway (CIF) - 2023
  2. Metal Domestic Furniture Price in Norway (FOB) - 2023
  3. Metal Domestic Furniture Imports in Norway
  4. Metal Domestic Furniture Exports in Norway

Metal Domestic Furniture Price in Norway (CIF) - 2023

The average metal domestic furniture import price stood at $7,281 per ton in July 2023, dropping by -2.4% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 6.8% against the previous month. Over the period under review, average import prices reached the peak figure at $7,804 per ton in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($19,737 per ton), while the price for China ($4,394 per ton) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Domestic Furniture Price in Norway (FOB) - 2023

The average metal domestic furniture export price stood at $10,845 per ton in July 2023, waning by -13.2% against the previous month. Overall, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in September 2022 an increase of 69% m-o-m. As a result, the export price reached the peak level of $22,973 per ton. From October 2022 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the UK ($20,760 per ton), while the average price for exports to Italy ($3,349 per ton) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Domestic Furniture Imports in Norway

In 2022, metal domestic furniture imports into Norway shrank to 57K tons, with a decrease of -11.4% against the previous year's figure. Overall, imports recorded a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 9.9% against the previous year. As a result, imports reached the peak of 65K tons, and then dropped in the following year.

In value terms, metal domestic furniture imports contracted to $426M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of $475M, and then shrank in the following year.

Import of Metal Domestic Furniture in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12614218718814.3%
Sweden87.870.695.564.0-10.0%
Poland28.025.834.130.42.8%
Germany32.523.929.823.3-10.5%
Denmark28.120.222.917.5-14.6%
Lithuania9.915.517.214.513.6%
Vietnam13.914.614.614.20.7%
Others75.961.874.074.8-0.5%
Total4033744754261.9%

Top Suppliers of Metal Domestic Furniture to Norway in 2022:

  1. China (32.5K tons)
  2. Sweden (6.2K tons)
  3. Poland (4.0K tons)
  4. Germany (2.8K tons)
  5. Vietnam (2.1K tons)
  6. Denmark (1.3K tons)
  7. Lithuania (1.3K tons)

Metal Domestic Furniture Exports in Norway

In 2022, metal domestic furniture exports from Norway declined dramatically to 4K tons, reducing by -39.6% against the year before. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of 6.7K tons, and then fell markedly in the following year.

In value terms, metal domestic furniture exports fell markedly to $56M in 2022. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of $113M, and then contracted markedly in the following year.

Export of Metal Domestic Furniture in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden17.614.721.616.2-2.7%
Germany17.018.522.69.5-17.6%
VietnamN/A0.30.25.6332.0%
Denmark15.713.320.95.3-30.4%
United Kingdom4.15.05.84.10.0%
France2.92.33.32.1-10.2%
United States4.17.15.31.8-24.0%
South Korea0.60.90.81.535.7%
Netherlands6.76.38.40.9-48.8%
Switzerland3.02.64.20.8-35.6%
Belgium2.93.03.60.6-40.9%
Finland2.91.91.80.5-44.3%
Austria1.61.11.20.4-37.0%
Others13.69.513.06.6-21.4%
Total92.786.411356.0-15.5%

Top Export Markets for Metal Domestic Furniture from Norway in 2022:

  1. Sweden (1913.6 tons)
  2. Germany (505.6 tons)
  3. Denmark (427.6 tons)
  4. United Kingdom (238.5 tons)
  5. Vietnam (217.5 tons)
  6. France (112.5 tons)
  7. United States (85.3 tons)
  8. South Korea (60.9 tons)
  9. Netherlands (60.4 tons)
  10. Switzerland (43.3 tons)
  11. Belgium (34.4 tons)
  12. Finland (31.8 tons)
  13. Austria (22.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal domestic furniture market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 31091100 - Metal furniture (excluding office, medical, surgical, dental or veterinary furniture, barbers

Country coverage:

  • Norway

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Norway
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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