Russian Federation - Metal Complete And Assembled Domestic Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Domestic Furniture Price in Russia - 2022
Contents:
- Metal Domestic Furniture Price in Russia (CIF) - 2022
- Metal Domestic Furniture Price in Russia (FOB) - 2022
- Metal Domestic Furniture Imports in Russia
- Metal Domestic Furniture Exports in Russia
Metal Domestic Furniture Price in Russia (CIF) - 2022
In January 2022, the average metal domestic furniture import price amounted to $4,253 per ton, falling by -7.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in February 2021 when the average import price increased by 18% against the previous month. The import price peaked at $4,893 per ton in November 2021; however, from December 2021 to January 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Germany ($5,984 per ton), while the price for Belarus ($3,345 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Domestic Furniture Price in Russia (FOB) - 2022
In January 2022, the average metal domestic furniture export price amounted to $3,979 per ton, growing by 101% against the previous month. In general, export price indicated a mild expansion from January 2021 to January 2022: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, metal domestic furniture export price decreased by -18.0% against November 2021 indices. The export price peaked at $4,854 per ton in November 2021; however, from December 2021 to January 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($5,676 per ton), while the average price for exports to Armenia ($2,598 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Domestic Furniture Imports in Russia
In 2022, supplies from abroad of metal furniture decreased by -27.6% to 100K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a mild slump. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of 138K tons, and then dropped dramatically in the following year.
In value terms, metal domestic furniture imports fell notably to $403M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, imports reached the peak of $573M, and then shrank significantly in the following year.
| Import of Metal Domestic Furniture in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 223 | 250 | 360 | 298 | 10.1% |
| Belarus | 26.7 | 30.1 | 41.9 | 17.9 | -12.5% |
| Germany | 28.9 | 30.5 | 38.0 | 17.9 | -14.8% |
| Czech Republic | 9.2 | 8.7 | 14.2 | 5.6 | -15.3% |
| Taiwan (Chinese) | 7.9 | 6.2 | 7.3 | 4.2 | -19.0% |
| Others | 105 | 90.5 | 112 | 60.2 | -16.9% |
| Total | 401 | 416 | 573 | 403 | 0.2% |
Top Suppliers of Metal Domestic Furniture to Russia in 2022:
- China (79.2K tons)
- Belarus (5.6K tons)
- Germany (3.2K tons)
- Czech Republic (1.5K tons)
- Taiwan (Chinese) (0.9K tons)
Metal Domestic Furniture Exports in Russia
In 2022, after three years of growth, there was significant decline in shipments abroad of metal furniture, when their volume decreased by -37.8% to 17K tons. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 34%. As a result, the exports attained the peak of 28K tons, and then dropped significantly in the following year.
In value terms, metal domestic furniture exports plummeted to $44M in 2022. In general, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 69% against the previous year. As a result, the exports attained the peak of $90M, and then declined remarkably in the following year.
| Export of Metal Domestic Furniture in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 20.7 | 21.1 | 35.1 | 20.9 | 0.3% |
| Belarus | 13.6 | 14.0 | 19.4 | 7.3 | -18.7% |
| Ukraine | 2.6 | 3.7 | 7.6 | 4.2 | 17.3% |
| Germany | 1.3 | 1.5 | 3.4 | 1.3 | 0.0% |
| Kyrgyzstan | 1.9 | 1.3 | 2.4 | 1.0 | -19.3% |
| Poland | 0.7 | 0.8 | 1.5 | 0.7 | 0.0% |
| Armenia | 1.4 | 1.2 | 1.7 | 0.6 | -24.6% |
| Others | 14.5 | 9.7 | 18.9 | 7.6 | -19.4% |
| Total | 56.7 | 53.3 | 89.9 | 43.8 | -8.2% |
Top Export Markets for Metal Domestic Furniture from Russia in 2022:
- Kazakhstan (9.2K tons)
- Belarus (3.6K tons)
- Ukraine (1.7K tons)
- Poland (0.4K tons)
- Germany (0.4K tons)
- Kyrgyzstan (0.3K tons)
- Armenia (0.2K tons)
This report provides an in-depth analysis of the metal domestic furniture market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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