Metal Household Furniture Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Metal Household Furniture Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the metal household furniture market in the U.S. amounted to $X in 2017, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total market indicated a remarkable increase from 2007 to 2017: 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 2017 figures, the metal household furniture consumption increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the metal household furniture market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Metal Household Furniture Production in the USA

In value terms, metal household furniture production stood at $X in 2017. Overall, metal household furniture production continues to indicate a relatively flat trend pattern.

Exports from the USA

Metal household furniture exports from the U.S. amounted to X tonnes in 2017, falling by -X% against the previous year. Overall, metal household furniture exports continue to indicate a slight reduction.

In value terms, metal household furniture exports totaled $X (IndexBox estimates) in 2017. The total export value increased at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Exports peaked at $X in 2014; however, from 2015 to 2017, exports failed to regain their momentum.

Exports by Country

Canada (X tonnes) was the main destination for metal household furniture exports from the U.S., accounting for a X% share of total exports. Moreover, metal household furniture exports to Canada exceeded the volume sent to the second major destination, Mexico (X tonnes), threefold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Canada totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and the UK (-X% per year).

In value terms, Canada ($X) remains the key foreign market for metal household furniture exports from the U.S., comprising X% of total metal household furniture exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

Export Prices by Country

In 2017, the average metal household furniture export price amounted to $X per kg, growing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%.

Export prices varied noticeably by the country of origin; the country with the highest export price was Australia ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to China, while the export prices for the other major destinations experienced more modest paces of growth.

Imports into the USA

In 2017, approx. X tonnes of metal household furniture were imported into the U.S.; picking up by X% against the previous year.

In value terms, metal household furniture imports amounted to $X (IndexBox estimates) in 2017. Overall, the total imports indicated a prominent expansion from 2007 to 2017: 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 2017 figures, the metal household furniture imports increased by +X% against 2009 indices. Imports peaked in 2017, and are likely to continue its growth in the immediate term.

Imports by Country

In 2017, China (X tonnes) constituted the largest metal household furniture supplier to the U.S., with a X% share of total imports. Moreover, metal household furniture imports from China exceeded the figures recorded by the second largest supplier, Canada (X tonnes), more than tenfold. The third position in this ranking was occupied by Mexico (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and Mexico (+X% per year).

In value terms, China ($X) constituted the largest supplier of metal household furniture to the U.S., comprising X% of total metal household furniture imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

Import Prices by Country

The average metal household furniture import price stood at $X per kg in 2017, declining by -X% against the previous year. Overall, the metal household furniture import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Mexico ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mexico, while the import prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Summer Infant, RSI Home Products, Purcell Systems, Kln Steel Products Company, Rio Brands, Cole Kepro International, Tropitone Furniture Co., Southern Aluminum Manufacturing, Nambe, Telescope Casual Furniture, Webcoat, Graco Children's Products, Wabash Valley Manufacturing, Hollywood Bed & Spring Mfg. Co., Poly-Wood, Mantua Manufacturing Co., Robern, Wesley Allen, Brown Jordan Company, Henry Crown and Company, Pavilion Furniture, Woodard--Cm, Murray's Iron Works, Swaim, Warren Homes, Chicago American Manufacturing, US Test Company X, Metal Box InternationalKln Manufacturing

Source: IndexBox Platform