China - Metal Complete And Assembled Domestic Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Domestic Furniture Price in China - 2023
Contents:
- Metal Domestic Furniture Price in China (FOB) - 2023
- Metal Domestic Furniture Price in China (CIF) - 2023
- Metal Domestic Furniture Exports in China
- Metal Domestic Furniture Imports in China
Metal Domestic Furniture Price in China (FOB) - 2023
The average metal domestic furniture export price stood at $3,865 per ton in June 2023, declining by -1.5% against the previous month. Overall, the export price recorded a mild decline. The pace of growth appeared the most rapid in March 2023 an increase of 16% against the previous month. Over the period under review, the average export prices attained the maximum at $5,308 per ton in October 2022; however, from November 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($4,732 per ton), while the average price for exports to Poland ($2,913 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.2%), while the prices for the other major destinations experienced a decline.
Metal Domestic Furniture Price in China (CIF) - 2023
The average metal domestic furniture import price stood at $21,873 per ton in June 2023, approximately mirroring the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 40% m-o-m. Over the period under review, average import prices reached the maximum at $23,267 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($49,585 per ton), while the price for India ($4,230 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Domestic Furniture Exports in China
In 2022, after three years of growth, there was significant decline in shipments abroad of metal furniture, when their volume decreased by -24.8% to 5.5M tons. In general, exports saw a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of 7.3M tons, and then declined rapidly in the following year.
In value terms, metal domestic furniture exports fell remarkably to $24.9B in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $30.4B, and then shrank remarkably in the following year.
| Export of Metal Domestic Furniture in China (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.0 | 7.1 | 9.1 | 7.6 | 8.2% |
| United Kingdom | 1.0 | 1.2 | 1.6 | 1.1 | 3.2% |
| Germany | 1.1 | 1.2 | 1.6 | 1.1 | 0.0% |
| Canada | 0.7 | 0.8 | 1.0 | 0.9 | 8.7% |
| Australia | 0.6 | 0.9 | 1.1 | 0.9 | 14.5% |
| Netherlands | 0.8 | 0.9 | 1.2 | 0.9 | 4.0% |
| Japan | 0.7 | 1.0 | 1.2 | 0.9 | 8.7% |
| France | 0.6 | 0.6 | 0.9 | 0.8 | 10.1% |
| South Korea | 0.5 | 1.0 | 1.1 | 0.8 | 17.0% |
| Spain | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| Italy | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Poland | 0.3 | 0.4 | 0.5 | 0.3 | 0.0% |
| Others | 7.1 | 9.0 | 10.3 | 8.7 | 7.0% |
| Total | 20.1 | 24.6 | 30.4 | 24.9 | 7.4% |
Top Export Markets for Metal Domestic Furniture from China in 2022:
- United States (2005.6K tons)
- Germany (287.4K tons)
- United Kingdom (274.1K tons)
- Japan (225.4K tons)
- Canada (218.8K tons)
- France (210.9K tons)
- Australia (206.1K tons)
- Netherlands (201.7K tons)
- South Korea (123.6K tons)
- Spain (103.4K tons)
- Poland (99.3K tons)
- Italy (87.7K tons)
Metal Domestic Furniture Imports in China
In 2022, approx. 13K tons of metal furniture were imported into China; dropping by -28.8% compared with the previous year. In general, imports recorded a deep slump. The smallest decline of -1.9% was in 2021.
In value terms, metal domestic furniture imports reduced to $245M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of $279M, and then contracted in the following year.
| Import of Metal Domestic Furniture in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 84.0 | 87.5 | 130 | 133 | 16.6% |
| Germany | 18.3 | 18.7 | 21.0 | 22.1 | 6.5% |
| France | 7.2 | 10.1 | 13.7 | 14.8 | 27.1% |
| Taiwan (Chinese) | 28.6 | 25.9 | 25.0 | 13.1 | -22.9% |
| Japan | 10.8 | 11.0 | 10.5 | 9.2 | -5.2% |
| United States | 11.6 | 8.5 | 11.7 | 5.8 | -20.6% |
| Vietnam | 6.2 | 6.4 | 5.7 | 5.1 | -6.3% |
| Switzerland | 0.9 | 1.6 | 3.3 | 4.7 | 73.5% |
| Thailand | 6.5 | 4.3 | 5.2 | 4.1 | -14.2% |
| Poland | 5.5 | 4.8 | 4.8 | 4.0 | -10.1% |
| South Korea | 8.8 | 8.5 | 6.4 | 3.5 | -26.5% |
| India | 1.3 | 0.9 | 1.3 | 1.8 | 11.5% |
| Egypt | 2.3 | 2.3 | 2.1 | 1.7 | -9.6% |
| Others | 38.9 | 29.9 | 38.1 | 22.1 | -17.2% |
| Total | 231 | 220 | 279 | 245 | 2.0% |
Top Suppliers of Metal Domestic Furniture to China in 2022:
- Italy (3440.4 tons)
- Taiwan (Chinese) (2216.7 tons)
- Germany (1275.8 tons)
- Vietnam (714.1 tons)
- Egypt (599.0 tons)
- Japan (595.4 tons)
- France (428.1 tons)
- India (415.7 tons)
- South Korea (396.4 tons)
- Thailand (359.8 tons)
- Switzerland (305.4 tons)
- Poland (279.0 tons)
- United States (235.0 tons)
This report provides an in-depth analysis of the metal domestic furniture market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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