Hungary - Metal Office Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Office Furniture Price in Hungary - 2023
Contents:
- Metal Office Furniture Price in Hungary (CIF) - 2022
- Metal Office Furniture Price in Hungary (FOB) - 2022
- Metal Office Furniture Imports in Hungary
- Metal Office Furniture Exports in Hungary
Metal Office Furniture Price in Hungary (CIF) - 2022
The average metal office furniture import price stood at $4,284 per ton in 2022, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2013 when the average import price increased by 17% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Austria ($6,824 per ton), while the price for China ($2,700 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Office Furniture Price in Hungary (FOB) - 2022
The average metal office furniture export price stood at $4,475 per ton in 2022, growing by 12% against the previous year. Overall, the export price, however, recorded a deep slump. Over the period under review, the average export prices reached the peak figure at $8,732 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($10,649 per ton), while the average price for exports to Croatia ($3,511 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 Poland (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Office Furniture Imports in Hungary
In 2022, imports of metal office furniture into Hungary soared to 4.4K tons, jumping by 19% on the previous year's figure. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal office furniture imports soared to $19M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +43.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Metal Office Furniture in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.8 | 0.9 | 1.2 | 3.7 | 66.6% |
| Italy | 4.7 | 3.3 | 4.2 | 3.5 | -9.4% |
| China | 0.7 | 1.2 | 2.1 | 3.3 | 67.7% |
| Germany | 3.2 | 3.0 | 3.2 | 3.0 | -2.1% |
| Austria | 0.6 | 1.3 | 0.5 | 1.7 | 41.5% |
| Czech Republic | 0.8 | 0.7 | 0.7 | 0.7 | -4.4% |
| Netherlands | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
| Ukraine | 0.5 | 0.2 | 0.4 | 0.3 | -15.7% |
| Others | 2.0 | 2.3 | 1.4 | 2.3 | 4.8% |
| Total | 13.9 | 13.3 | 14.2 | 19.0 | 11.0% |
Top Suppliers of Metal Office Furniture to Hungary in 2022:
- China (1224.3 tons)
- Italy (986.8 tons)
- Poland (611.2 tons)
- Germany (602.4 tons)
- Austria (247.7 tons)
- Czech Republic (173.3 tons)
- Netherlands (114.0 tons)
- Ukraine (101.1 tons)
Metal Office Furniture Exports in Hungary
In 2022, shipments abroad of metal office furniture increased by 1.1% to 3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a mild decline.
In value terms, metal office furniture exports rose significantly to $13M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Metal Office Furniture in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,418 | 4,030 | 4,030 | 4,509 | 9.7% |
| Romania | 1,546 | 1,651 | 1,573 | 1,542 | -0.1% |
| United States | 329 | 389 | 682 | 1,046 | 47.0% |
| Ireland | 594 | 639 | 716 | 934 | 16.3% |
| Belgium | 275 | 241 | 258 | 666 | 34.3% |
| Czech Republic | 708 | 507 | 665 | 645 | -3.1% |
| Croatia | 721 | 561 | 615 | 602 | -5.8% |
| Serbia | 420 | 422 | 504 | 537 | 8.5% |
| Slovenia | 522 | 420 | 598 | 462 | -4.0% |
| Poland | 543 | 318 | 342 | 406 | -9.2% |
| Slovakia | 353 | 230 | 302 | 315 | -3.7% |
| Austria | 340 | 160 | 190 | 270 | -7.4% |
| Bulgaria | 292 | 266 | 265 | 260 | -3.8% |
| Others | 1,391 | 840 | 955 | 1,096 | -7.6% |
| Total | 11,452 | 10,673 | 11,695 | 13,290 | 5.1% |
Top Export Markets for Metal Office Furniture from Hungary in 2022:
- Germany (1141.7 tons)
- Romania (406.7 tons)
- Czech Republic (174.7 tons)
- Croatia (171.5 tons)
- Serbia (147.2 tons)
- United States (137.8 tons)
- Ireland (135.2 tons)
- Slovenia (127.4 tons)
- Poland (81.2 tons)
- Bulgaria (72.6 tons)
- Belgium (62.5 tons)
- Slovakia (61.9 tons)
- Austria (56.9 tons)
This report provides an in-depth analysis of the metal office furniture market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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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