Thailand - Metal Complete And Assembled Domestic Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Domestic Furniture Price in Thailand - 2023
Contents:
- Metal Domestic Furniture Price in Thailand (CIF) - 2022
- Metal Domestic Furniture Price in Thailand (FOB) - 2022
- Metal Domestic Furniture Imports in Thailand
- Metal Domestic Furniture Exports in Thailand
Metal Domestic Furniture Price in Thailand (CIF) - 2022
In 2022, the average metal domestic furniture import price amounted to $8,439 per ton, falling by -23.6% against the previous year. Over the period under review, the import price, however, saw noticeable growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 64%. The import price peaked at $11,048 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($33,328 per ton), while the price for Lao People's Democratic Republic ($3,569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Domestic Furniture Price in Thailand (FOB) - 2022
In 2022, the average metal domestic furniture export price amounted to $64,662 per ton, with a decrease of -7.7% against the previous year. Overall, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 459%. Over the period under review, the average export prices reached the maximum at $70,066 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($234,706 per ton), while the average price for exports to Lithuania ($2,965 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Domestic Furniture Imports in Thailand
In 2022, purchases abroad of metal furniture increased by 11% to 34K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt contraction.
In value terms, metal domestic furniture imports declined dramatically to $285M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of $337M, and then fell significantly in the following year.
| Import of Metal Domestic Furniture in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 192 | 208 | 274 | 220 | 4.6% |
| Italy | 7.9 | 8.6 | 8.7 | 12.3 | 15.9% |
| Malaysia | 37.1 | 9.1 | 10.3 | 7.0 | -42.6% |
| Lao People's Democratic Republic | 1.9 | 0.8 | 1.1 | 1.9 | 0.0% |
| Others | 39.8 | 39.5 | 42.6 | 44.1 | 3.5% |
| Total | 278 | 266 | 337 | 285 | 0.8% |
Top Suppliers of Metal Domestic Furniture to Thailand in 2022:
- China (30.7K tons)
- Italy (1.0K tons)
- Lao People's Democratic Republic (0.5K tons)
- Malaysia (0.2K tons)
Metal Domestic Furniture Exports in Thailand
After two years of decline, shipments abroad of metal furniture increased by 3.1% to 3.8K tons in 2022. In general, exports, however, faced a dramatic decrease.
In value terms, metal domestic furniture exports dropped slightly to $244M in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 77% against the previous year.
| Export of Metal Domestic Furniture in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 65.1 | 168 | 208 | 189 | 42.7% |
| Japan | 5.5 | 5.2 | 6.9 | 10.2 | 22.9% |
| Canada | 0.4 | 0.5 | 2.2 | 5.2 | 135.1% |
| Belgium | 3.4 | 3.9 | 5.5 | 4.8 | 12.2% |
| Germany | 4.3 | 2.6 | 2.6 | 2.9 | -12.3% |
| Myanmar | 2.8 | 3.0 | 2.8 | 2.7 | -1.2% |
| China | 1.9 | 1.0 | 2.0 | 2.4 | 8.1% |
| Cambodia | 1.9 | 1.8 | 2.0 | 2.1 | 3.4% |
| Vietnam | 1.0 | 1.2 | 0.9 | 1.8 | 21.6% |
| India | 0.9 | 0.4 | 0.9 | 1.1 | 6.9% |
| Malaysia | 1.1 | 1.7 | 0.9 | 0.9 | -6.5% |
| Lithuania | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
| France | 6.5 | 2.1 | 1.8 | 0.4 | -60.5% |
| Others | 22.3 | 15.8 | 18.9 | 19.7 | -4.0% |
| Total | 117 | 207 | 256 | 244 | 27.8% |
Top Export Markets for Metal Domestic Furniture from Thailand in 2022:
- United States (2344.5 tons)
- Myanmar (165.6 tons)
- Lithuania (145.0 tons)
- Vietnam (131.3 tons)
- Japan (100.7 tons)
- Canada (93.3 tons)
- Malaysia (78.3 tons)
- India (69.7 tons)
- China (65.0 tons)
- Cambodia (61.6 tons)
- Belgium (47.8 tons)
- Germany (34.6 tons)
- France (3.8 tons)
This report provides an in-depth analysis of the metal domestic furniture market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
-
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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