Thailand - Metal Office Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Office Furniture Price in Thailand - 2023
Contents:
- Metal Office Furniture Price in Thailand (CIF) - 2022
- Metal Office Furniture Price in Thailand (FOB) - 2022
- Metal Office Furniture Imports in Thailand
- Metal Office Furniture Exports in Thailand
Metal Office Furniture Price in Thailand (CIF) - 2022
In 2022, the average metal office furniture import price amounted to $20,893 per ton, rising by 38% against the previous year. In general, the import price posted a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 124% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($38,590 per ton), while the price for Japan ($16,248 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Office Furniture Price in Thailand (FOB) - 2022
The average metal office furniture export price stood at $12,567 per ton in 2022, dropping by -20.2% against the previous year. Over the period under review, the export price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices reached the maximum at $15,753 per ton in 2021, and then dropped notably 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 Japan ($35,324 per ton), while the average price for exports to the United States ($6,409 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 the United States (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Office Furniture Imports in Thailand
For the third consecutive year, Thailand recorded decline in supplies from abroad of metal office furniture, which decreased by -8% to 907 tons in 2022. Over the period under review, imports faced a sharp downturn.
In value terms, metal office furniture imports skyrocketed to $19M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Metal Office Furniture in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 7.7 | 9.1 | 12.7 | 15.7% |
| Japan | 3.6 | 3.3 | 3.3 | 3.4 | -1.9% |
| Malaysia | 2.3 | 1.8 | 1.3 | 1.6 | -11.4% |
| United States | 1.0 | 0.9 | 0.6 | 0.1 | -53.6% |
| Canada | 0.7 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.9 | 0.6 | 1.1 | 3.2% |
| Total | 16.8 | 14.5 | 15.0 | 18.9 | 4.0% |
Top Suppliers of Metal Office Furniture to Thailand in 2022:
- China (597.8 tons)
- Japan (207.6 tons)
- Malaysia (42.0 tons)
- United States (11.3 tons)
- Canada (1.5 tons)
Metal Office Furniture Exports in Thailand
In 2022, overseas shipments of metal office furniture were finally on the rise to reach 480 tons after two years of decline. Overall, exports, however, faced a sharp contraction.
In value terms, metal office furniture exports shrank to $6M in 2022. In general, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
| Export of Metal Office Furniture in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,427 | 654 | 994 | 1,611 | 4.1% |
| Lao People's Democratic Republic | 1,591 | 1,144 | 1,782 | 1,136 | -10.6% |
| Cambodia | 1,612 | 1,247 | 1,292 | 1,054 | -13.2% |
| Japan | 835 | 638 | 934 | 919 | 3.2% |
| Myanmar | 861 | 928 | 722 | 493 | -17.0% |
| Hong Kong SAR | 70.5 | 68.0 | 122 | 151 | 28.9% |
| Maldives | 292 | 20.3 | 134 | 99.2 | -30.2% |
| Philippines | 345 | 233 | 122 | 5.0 | -75.6% |
| Others | 852 | 898 | 510 | 566 | -12.7% |
| Total | 7,887 | 5,829 | 6,610 | 6,036 | -8.5% |
Top Export Markets for Metal Office Furniture from Thailand in 2022:
- United States (251.4 tons)
- Cambodia (74.8 tons)
- Lao People's Democratic Republic (72.5 tons)
- Japan (26.0 tons)
- Hong Kong SAR (16.5 tons)
- Maldives (8.7 tons)
- Myanmar (5.6 tons)
- Philippines (0.6 tons)
This report provides an in-depth analysis of the metal office 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 31011100 - Metal furniture for offices
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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