Malaysia - Metal Complete And Assembled Domestic Furniture - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMetal Domestic Furniture Price in Malaysia - 2021
Contents:
- Metal Domestic Furniture Price in Malaysia (FOB) - 2021
- Metal Domestic Furniture Price in Malaysia (CIF) - 2021
- Metal Domestic Furniture Exports in Malaysia
- Metal Domestic Furniture Imports in Malaysia
Metal Domestic Furniture Price in Malaysia (FOB) - 2021
In December 2021, the average metal domestic furniture export price amounted to $4,467 per ton, increasing by 7.1% against the previous month. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in August 2021 when the average export price increased by 56% against the previous month. Over the period under review, the average export prices attained the maximum in December 2021.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($11,451 per ton), while the average price for exports to the Philippines ($2,366 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Domestic Furniture Price in Malaysia (CIF) - 2021
The average metal domestic furniture import price stood at $2,957 per ton in December 2021, falling by -9.6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 an increase of 32% m-o-m. As a result, import price attained the peak level of $3,590 per ton. From June 2021 to December 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,905 per ton), while the price for Australia ($1,038 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Egypt (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Domestic Furniture Exports in Malaysia
In 2022, shipments abroad of metal furniture decreased by -32.4% to 50K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 31%. As a result, the exports attained the peak of 82K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal domestic furniture exports dropped remarkably to $178M in 2022. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 8.6%.
| Export of Metal Domestic Furniture in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.0 | 47.7 | 58.8 | 57.3 | 42.0% |
| Singapore | 25.6 | 25.6 | 27.3 | 33.0 | 8.8% |
| Australia | 13.9 | 13.5 | 12.1 | 10.9 | -7.8% |
| Philippines | 5.9 | 4.4 | 3.6 | 9.4 | 16.8% |
| Japan | 27.2 | 31.9 | 26.7 | 8.0 | -33.5% |
| Thailand | 29.0 | 8.7 | 8.8 | 7.4 | -36.6% |
| United Arab Emirates | 4.8 | 4.1 | 4.6 | 6.1 | 8.3% |
| Turkey | 4.7 | 8.4 | 14.2 | 5.2 | 3.4% |
| India | 13.8 | 18.1 | 10.1 | 5.2 | -27.8% |
| Indonesia | 2.7 | 1.5 | 1.3 | 4.1 | 14.9% |
| Saudi Arabia | 2.7 | 5.7 | 5.0 | 4.0 | 14.0% |
| Canada | 1.9 | 2.8 | 2.9 | 3.3 | 20.2% |
| United Kingdom | 4.7 | 6.3 | 8.1 | 3.1 | -13.0% |
| Others | 67.1 | 64.7 | 73.1 | 21.4 | -31.7% |
| Total | 224 | 243 | 257 | 178 | -7.4% |
Top Export Markets for Metal Domestic Furniture from Malaysia in 2022:
- United States (17.4K tons)
- Singapore (7.1K tons)
- Philippines (4.1K tons)
- Thailand (2.6K tons)
- Japan (2.2K tons)
- Australia (2.0K tons)
- Saudi Arabia (1.8K tons)
- United Kingdom (1.5K tons)
- United Arab Emirates (1.2K tons)
- Turkey (1.0K tons)
- Indonesia (1.0K tons)
- Canada (0.9K tons)
- India (0.6K tons)
Metal Domestic Furniture Imports in Malaysia
Metal domestic furniture imports into Malaysia shrank to 39K tons in 2022, which is down by -8.5% compared with the year before. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of 42K tons, and then fell in the following year.
In value terms, metal domestic furniture imports fell slightly to $113M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of $118M, and then fell slightly in the following year.
| Import of Metal Domestic Furniture in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 71.6 | 65.5 | 103 | 88.1 | 7.2% |
| Taiwan (Chinese) | 2.6 | 2.7 | 2.2 | 3.6 | 11.5% |
| Egypt | 0.7 | 0.9 | 1.0 | 1.4 | 26.0% |
| Others | 17.3 | 11.2 | 11.0 | 19.7 | 4.4% |
| Total | 92.3 | 80.3 | 118 | 113 | 7.0% |
Top Suppliers of Metal Domestic Furniture to Malaysia in 2022:
- China (34.5K tons)
- Taiwan (Chinese) (0.8K tons)
- Egypt (0.5K tons)
This report provides an in-depth analysis of the metal domestic furniture market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
314
This report provides an in-depth analysis of the metal domestic furniture market in Malaysia.
275
This report provides an in-depth analysis of the metal furniture market in Malaysia.
395
This report provides an in-depth analysis of the wooden office furniture market in Malaysia.
353
This report provides an in-depth analysis of the plastic furniture market in Malaysia.
380
This report provides an in-depth analysis of the metal office furniture market in Malaysia.
474
This report provides an in-depth analysis of the wooden bedroom furniture market in Malaysia.
312
This report provides an in-depth analysis of the wooden kitchen furniture market in Malaysia.
228
This report provides an in-depth analysis of the market for cane and fabric furniture in Malaysia.
1001
This report provides an in-depth analysis of the global metal domestic furniture market.
457
Global Metal Furniture Market Report 2018. This report provides an in-depth analysis of the global metal furniture market.
219
Explore the top import markets for metal domestic furniture based on Import Value data from IndexBox. Discover the countries with the highest import values and key statistics in the metal furniture industry.
360
Global trade volume of metal household furniture soared to $33B, reaching the highest level ever. The U.S. remains the key importer of metal furniture worldwide, accounting for 32% of total supplies in 2020.
726
In 2016, approx. X tons of metal furniture were imported worldwide- rising by X% against the previous year figure. In general, metal furniture imports continue to indicate a relatively flat trend ...
1300
The global trade in metal complete and assembled domestic furniture amounted to X million USD in 2015, fluctuating mildly over the period under review. Following a X% drop in 2009, exports showed robust growth for the next four years, until they
79
Global wooden office furniture market is projected to continue its upward consumption trend with an anticipated increase in volume and value. The market is forecasted to grow at a CAGR of +1.4% for the period 2023-2030, reaching 576M units and $60.8B in value by 2030.
95
Discover the top countries importing wooden office furniture and their import values. Explore the trends in the global market for wooden office furniture.
75
Explore the world's best import markets for metal office furniture and discover key statistics and insights. Learn about the top countries driving the global market.
1433
China dominates in the global office metal furniture trade. In 2014, China's exports amounted to X thousand tons or X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total metal fur
219
Explore the top import markets for metal domestic furniture based on Import Value data from IndexBox. Discover the countries with the highest import values and key statistics in the metal furniture industry.
360
Global trade volume of metal household furniture soared to $33B, reaching the highest level ever. The U.S. remains the key importer of metal furniture worldwide, accounting for 32% of total supplies in 2020.
