U.S. Office Furniture (Except Wood) Market. Analysis And Forecast to 2025
Update: COVID-19 Impact
Hardly Recovered to Pre-Crisis Levels, Imports Climb in 2015
The U.S. dominates in imports of office furniture (except wood), accounting for X% of global share (based on USD). It was followed by Canada (X%), Germany (X%), and the UK (X%). In 2015, U.S. office furniture (except wood) imports totaled X million USD, which was X million USD (+X%) higher than the year before.
From 2007 to 2015, the U.S. office furniture (except wood) imports showed mixed dynamics. A significant drop in 2009 was followed by modest recovery growth over the next five years, until imports soared in 2015. Generally, there was an annual increase of +X% throughout the analysed period. In 2014, U.S. office furniture (except wood) imports surpassed the pre-recession level of 2008.
Despite fierce competition, the U.S. continues to be one of the most attractive destinations for overseas suppliers.
Canada and China were the main suppliers of office furniture (except wood) into the U.S., with a combined share of X% of total U.S. imports in 2015. China was the fastest growing supplier, with a +X% annual increase from 2007 to 2015. As a result, China significantly strengthened its position in the U.S. import structure, from X% in 2007 to X% in 2015. By contrast, Canada saw its share reduced to X%.
From 2007 to 2015, the U.S. was a net importer of office furniture (except wood). On average, imports grew faster than exports over the period under review.
The U.S. trade deficit in this sector worsened over the period under review, growing from X million USD in 2007 to X million USD in 2014. This negative trend accelerated sharply after 2012, with the trade deficit showing an annual increase of +X%.
Source: IndexBox Platform
This report provides an in-depth analysis of the office furniture market in the U.S.. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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