Singapore - Metal Office 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 Office Furniture Price in Singapore - 2022
Contents:
- Metal Office Furniture Price in Singapore (CIF) - 2022
- Metal Office Furniture Price in Singapore (FOB) - 2022
- Metal Office Furniture Imports in Singapore
- Metal Office Furniture Exports in Singapore
Metal Office Furniture Price in Singapore (CIF) - 2022
In September 2022, the average metal office furniture import price amounted to $6,733 per ton, reducing by -7.6% against the previous month. Overall, the import price, however, saw pronounced growth. The pace of growth was the most pronounced in June 2022 an increase of 184% against the previous month. As a result, import price attained the peak level of $14,924 per ton. From July 2022 to September 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($5,814 per ton), while the price for Vietnam ($3,584 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Office Furniture Price in Singapore (FOB) - 2022
In 2022, the average metal office furniture export price amounted to $7,190 per ton, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The export price peaked at $7,210 per ton in 2019; afterwards, it flattened through to 2022.
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 Saudi Arabia ($38,218 per ton), while the average price for exports to Indonesia ($4,142 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 Saudi Arabia (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Office Furniture Imports in Singapore
In 2022, the amount of metal office furniture imported into Singapore skyrocketed to 15K tons, picking up by 19% on the previous year's figure. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +54.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, metal office furniture imports stood at $73M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +63.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Metal Office Furniture in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.8 | 19.0 | 32.1 | 38.0 | 26.4% |
| Malaysia | 16.7 | 14.0 | 19.8 | 16.7 | 0.0% |
| United States | 2.1 | 2.6 | 2.2 | 3.8 | 21.9% |
| Finland | 0.1 | 1.1 | 0.6 | 2.9 | 207.2% |
| United Kingdom | 0.9 | 1.0 | 2.2 | 2.1 | 32.6% |
| Japan | 3.1 | 1.0 | 1.1 | 1.9 | -15.1% |
| Netherlands | 0.5 | 0.1 | 0.4 | 1.3 | 37.5% |
| Taiwan (Chinese) | 1.0 | 0.8 | 2.9 | 1.3 | 9.1% |
| Vietnam | 0.8 | 0.7 | 1.0 | 1.2 | 14.5% |
| Others | 4.7 | 3.9 | 2.9 | 3.4 | -10.2% |
| Total | 48.8 | 44.4 | 65.2 | 72.6 | 14.2% |
Top Suppliers of Metal Office Furniture to Singapore in 2022:
- China (8.2K tons)
- Malaysia (3.7K tons)
- United States (0.7K tons)
- Vietnam (0.4K tons)
- Finland (0.3K tons)
- Japan (0.3K tons)
- Netherlands (0.2K tons)
- Taiwan (Chinese) (0.2K tons)
- United Kingdom (0.2K tons)
Metal Office Furniture Exports in Singapore
Metal office furniture exports from Singapore soared to 3K tons in 2022, growing by 52% on 2021 figures. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 73% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, metal office furniture exports skyrocketed to $22M in 2022. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Metal Office Furniture in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2.6 | 2.6 | 3.2 | 4.7 | 21.8% |
| China | 0.2 | 0.5 | 5.4 | 4.5 | 182.3% |
| India | 1.8 | 0.2 | 0.4 | 3.2 | 21.1% |
| Indonesia | 0.7 | 1.1 | 0.8 | 2.6 | 54.9% |
| Thailand | 0.2 | 0.1 | 0.1 | 0.8 | 58.7% |
| Netherlands | N/A | N/A | N/A | 0.7 | 0% |
| Hong Kong SAR | 0.2 | 0.2 | 0.5 | 0.7 | 51.8% |
| Japan | 1.8 | 0.2 | 0.5 | 0.6 | -30.7% |
| South Korea | 0.2 | 0.1 | 0.1 | 0.5 | 35.7% |
| Australia | 0.5 | 0.1 | 0.1 | 0.3 | -15.7% |
| Poland | 1.1 | N/A | N/A | N/A | 0% |
| Others | 3.7 | 2.8 | 1.8 | 2.9 | -7.8% |
| Total | 13.0 | 8.0 | 12.8 | 21.6 | 18.4% |
Top Export Markets for Metal Office Furniture from Singapore in 2022:
- China (682.6 tons)
- Indonesia (631.4 tons)
- India (477.2 tons)
- Malaysia (374.3 tons)
- Thailand (113.0 tons)
- Netherlands (107.8 tons)
- Hong Kong SAR (102.0 tons)
- Japan (94.8 tons)
- South Korea (78.8 tons)
- Australia (49.9 tons)
This report provides an in-depth analysis of the metal office furniture market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
415
This report provides an in-depth analysis of the metal office furniture market in Singapore.
650
This report provides an in-depth analysis of the wooden office furniture market in Singapore.
221
This report provides an in-depth analysis of the metal furniture market in Singapore.
357
This report provides an in-depth analysis of the plastic furniture market in Singapore.
373
This report provides an in-depth analysis of the wooden bedroom furniture market in Singapore.
300
This report provides an in-depth analysis of the wooden kitchen furniture market in Singapore.
273
This report provides an in-depth analysis of the market for cane and fabric furniture in Singapore.
300
This report provides an in-depth analysis of the metal domestic furniture market in Singapore.
1537
This report provides an in-depth analysis of the global metal office furniture market.
716
This report provides an in-depth analysis of the global wooden office furniture market.
1429
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
74
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.
86
Discover the top countries importing wooden office furniture and their import values. Explore the trends in the global market for wooden office furniture.
214
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.
358
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.
722
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 ...
1298
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
1429
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
74
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.
86
Discover the top countries importing wooden office furniture and their import values. Explore the trends in the global market for wooden office furniture.
