Slovakia - Metal Office Furniture - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Slovakia - Metal Office Furniture - Market Analysis, Forecast, Size, Trends and Insights

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Metal Office Furniture Price in Slovakia - 2023

Contents:

  1. Metal Office Furniture Price in Slovakia (CIF) - 2022
  2. Metal Office Furniture Price in Slovakia (FOB) - 2023
  3. Metal Office Furniture Imports in Slovakia
  4. Metal Office Furniture Exports in Slovakia

Metal Office Furniture Price in Slovakia (CIF) - 2022

The average metal office furniture import price stood at $4,162 per ton in 2022, reducing by -4.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 an increase of 21% against the previous year. The import price peaked at $4,612 per ton in 2019; however, from 2020 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 Germany ($10,194 per ton), while the price for Switzerland ($1,175 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Office Furniture Price in Slovakia (FOB) - 2023

In July 2023, the average metal office furniture export price amounted to $4,534 per ton, with an increase of 4.4% against the previous month. Overall, export price indicated a moderate increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, metal office furniture export price decreased by -1.5% against May 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 47% against the previous month. Over the period under review, the average export prices attained the peak figure at $4,605 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Austria ($5,777 per ton), while the average price for exports to Tunisia ($2,388 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Office Furniture Imports in Slovakia

In 2022, the amount of metal office furniture imported into Slovakia contracted notably to 2K tons, reducing by -16.7% against 2021 figures. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of 2.4K tons, and then plummeted in the following year.

In value terms, metal office furniture imports fell sharply to $8.3M in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 38%.

Import of Metal Office Furniture in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic2,2412,1003,3952,3301.3%
Turkey5507961,5411,73046.5%
China6866969821,04915.2%
Hungary43.533.143.3906175.1%
Germany804339480390-21.4%
Poland1,8601,4262,142199-52.5%
Italy2,59314827571.7-69.8%
Switzerland69.011.718.142.7-14.8%
Others2,1302,0271,5501,597-9.2%
Total10,9767,57710,4278,317-8.8%

Top Suppliers of Metal Office Furniture to Slovakia in 2022:

  1. Turkey (688.2 tons)
  2. China (330.6 tons)
  3. Czech Republic (287.5 tons)
  4. Hungary (201.7 tons)
  5. Poland (62.8 tons)
  6. Germany (38.3 tons)
  7. Switzerland (36.4 tons)
  8. Italy (10.4 tons)

Metal Office Furniture Exports in Slovakia

In 2022, exports of metal office furniture from Slovakia skyrocketed to 842 tons, jumping by 30% on 2021 figures. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal office furniture exports skyrocketed to $3.7M in 2022. Over the period under review, exports enjoyed a significant 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 Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic6512534271,75039.0%
Germany51653273592321.4%
Austria18.881.624.6402177.6%
Poland13.438.48.1336192.7%
Hungary54.594.914283.815.4%
Norway57.650.048.0N/A-8.7%
Belgium322361480N/A22.1%
Others12226836117813.4%
Total1,7551,6782,2253,67327.9%

Top Export Markets for Metal Office Furniture from Slovakia in 2022:

  1. Czech Republic (361.9 tons)
  2. Germany (294.4 tons)
  3. Austria (84.6 tons)
  4. Hungary (38.3 tons)
  5. Poland (28.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal office furniture market in Slovakia. 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:

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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