China - Metal Office Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Office Furniture Price in China - 2023
Contents:
- Metal Office Furniture Price in China (FOB) - 2023
- Metal Office Furniture Price in China (CIF) - 2022
- Metal Office Furniture Exports in China
- Metal Office Furniture Imports in China
Metal Office Furniture Price in China (FOB) - 2023
In June 2023, the average metal office furniture export price amounted to $2,786 per ton, with an increase of 4.1% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 13% month-to-month. Over the period under review, the average export prices hit record highs at $3,387 per ton in March 2023; however, from April 2023 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 Thailand ($3,549 per ton), while the average price for exports to Indonesia ($1,389 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 Thailand (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Office Furniture Price in China (CIF) - 2022
In 2022, the average metal office furniture import price amounted to $5,204 per ton, rising by 11% against the previous year. In general, the import price, however, recorded a perceptible contraction. Over the period under review, average import prices reached the peak figure at $6,624 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($25,727 per ton), while the price for South Korea ($2,813 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Office Furniture Exports in China
In 2022, the amount of metal office furniture exported from China fell modestly to 272K tons, reducing by -2.4% on the year before. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 7.4% against the previous year. As a result, the exports attained the peak of 279K tons, and then reduced in the following year.
In value terms, metal office furniture exports reached $777M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Metal Office Furniture in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 147 | 171 | 165 | 206 | 11.9% |
Japan | 39.1 | 43.2 | 56.9 | 50.1 | 8.6% |
Indonesia | 29.0 | 29.9 | 42.5 | 48.6 | 18.8% |
Australia | 38.1 | 40.2 | 42.4 | 46.5 | 6.9% |
Malaysia | 15.3 | 15.4 | 27.0 | 27.0 | 20.8% |
Philippines | 25.4 | 17.9 | 32.7 | 23.5 | -2.6% |
Germany | 15.5 | 19.9 | 28.3 | 20.8 | 10.3% |
South Korea | 20.0 | 23.7 | 29.8 | 16.4 | -6.4% |
United Kingdom | 18.9 | 17.7 | 20.2 | 15.7 | -6.0% |
United Arab Emirates | 14.4 | 13.0 | 11.9 | 15.3 | 2.0% |
Canada | 9.8 | 13.3 | 16.4 | 14.2 | 13.2% |
Poland | 6.4 | 8.9 | 12.3 | 11.8 | 22.6% |
France | 11.1 | 9.3 | 12.8 | 11.5 | 1.2% |
Others | 271 | 244 | 248 | 270 | -0.1% |
Total | 661 | 668 | 746 | 777 | 5.5% |
Top Export Markets for Metal Office Furniture from China in 2022:
- United States (71.6K tons)
- Indonesia (26.0K tons)
- Japan (16.5K tons)
- Australia (14.5K tons)
- Philippines (9.0K tons)
- Malaysia (8.8K tons)
- Germany (7.7K tons)
- United Arab Emirates (6.8K tons)
- United Kingdom (5.7K tons)
- South Korea (5.6K tons)
- Poland (5.3K tons)
- France (5.2K tons)
- Canada (4.7K tons)
Metal Office Furniture Imports in China
Metal office furniture imports into China shrank to 3.1K tons in 2022, with a decrease of -10.5% compared with 2021. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 25%.
In value terms, metal office furniture imports contracted slightly to $16M in 2022. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year.
Import of Metal Office Furniture in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 206 | 189 | 717 | 2,541 | 131.1% |
Switzerland | 310 | 794 | 1,688 | 1,674 | 75.4% |
Malaysia | 681 | 471 | 1,295 | 689 | 0.4% |
United States | 2,651 | 849 | 1,166 | 666 | -36.9% |
Germany | 2,241 | 493 | 715 | 402 | -43.6% |
Japan | 685 | 1,450 | 625 | 376 | -18.1% |
South Korea | 221 | 220 | 437 | 376 | 19.4% |
Italy | 660 | 386 | 500 | 256 | -27.1% |
Sweden | 942 | 20.1 | 80.8 | 7.9 | -79.7% |
Lithuania | 3,138 | 1,747 | N/A | 0.8 | -93.7% |
United Arab Emirates | 249 | N/A | N/A | N/A | 0% |
Taiwan (Chinese) | 6,442 | N/A | N/A | N/A | 0% |
Others | 1,613 | 6,541 | 9,114 | 9,247 | 79.0% |
Total | 20,039 | 13,160 | 16,338 | 16,235 | -6.8% |
Top Suppliers of Metal Office Furniture to China in 2022:
- South Korea (133.6 tons)
- Switzerland (116.8 tons)
- Japan (99.2 tons)
- United Kingdom (98.8 tons)
- Malaysia (54.6 tons)
- United States (46.7 tons)
- Germany (28.6 tons)
- Italy (15.9 tons)
- Sweden (0.5 tons)
- Lithuania (0.1 tons)
This report provides an in-depth analysis of the metal office 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 31011100 - Metal furniture for offices
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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