U.S. - Metal Office Furniture - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMetal Office Furniture Price in the United States - 2023
Contents:
- Metal Office Furniture Price in the United States (CIF) - 2023
- Metal Office Furniture Price in the United States (FOB) - 2022
- Metal Office Furniture Imports in the United States
- Metal Office Furniture Exports in the United States
Metal Office Furniture Price in the United States (CIF) - 2023
The average metal office furniture import price stood at $12,151 per ton in August 2023, reducing by -9.2% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 13% month-to-month. Over the period under review, average import prices reached the maximum at $13,502 per ton in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($32,170 per ton), while the price for Canada ($10,671 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.8%), while the prices for the other major suppliers experienced a decline.
Metal Office Furniture Price in the United States (FOB) - 2022
The average metal office furniture export price stood at $37,002 per ton in 2022, reducing by -17.3% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 327%. The export price peaked at $44,748 per ton in 2021, and then shrank significantly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($273,312 per ton), while the average price for exports to Uruguay ($3,925 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 Canada (+45.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Office Furniture Imports in the United States
For the third consecutive year, the United States recorded decline in purchases abroad of metal office furniture, which decreased by -4.8% to 72K tons in 2022. Overall, imports faced a dramatic slump.
In value terms, metal office furniture imports surged to $889M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Metal Office Furniture in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 462 | 352 | 337 | 458 | -0.3% |
China | 179 | 156 | 162 | 138 | -8.3% |
Mexico | 47.2 | 56.0 | 72.0 | 78.9 | 18.7% |
Taiwan (Chinese) | 59.8 | 59.7 | 58.6 | 57.7 | -1.2% |
Italy | 19.0 | 21.4 | 11.8 | 33.1 | 20.3% |
United Kingdom | 15.5 | 10.5 | 20.4 | 21.6 | 11.7% |
Malaysia | 8.8 | 14.5 | 10.0 | 10.0 | 4.4% |
Others | 61.3 | 38.7 | 57.9 | 92.2 | 14.6% |
Total | 853 | 709 | 730 | 889 | 1.4% |
Top Suppliers of Metal Office Furniture to the United States in 2022:
- Canada (40.0K tons)
- China (11.3K tons)
- Mexico (5.5K tons)
- Taiwan (Chinese) (3.3K tons)
- Italy (2.3K tons)
- United Kingdom (2.1K tons)
- Malaysia (1.3K tons)
Metal Office Furniture Exports in the United States
In 2022, shipments abroad of metal office furniture was finally on the rise to reach 4.5K tons after two years of decline. Overall, exports, however, saw a dramatic setback.
In value terms, metal office furniture exports stood at $166M in 2022. In general, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 7.7% against the previous year.
Export of Metal Office Furniture in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 126 | 88.2 | 102 | 91.8 | -10.0% |
Mexico | 30.0 | 11.5 | 12.8 | 18.3 | -15.2% |
United Kingdom | 4.6 | 3.5 | 4.0 | 7.2 | 16.1% |
Germany | 4.5 | 4.0 | 3.6 | 3.5 | -8.0% |
Japan | 2.6 | 3.8 | 3.0 | 2.9 | 3.7% |
France | 0.8 | 1.3 | 1.0 | 2.5 | 46.2% |
Netherlands | 2.6 | 3.9 | 2.2 | 2.4 | -2.6% |
Ireland | 1.9 | 2.0 | 3.2 | 1.4 | -9.7% |
China | 2.3 | 1.0 | 0.8 | 0.9 | -26.9% |
Brazil | 0.2 | 0.6 | 0.2 | 0.8 | 58.7% |
Chad | N/A | N/A | N/A | 0.6 | 0% |
Taiwan (Chinese) | 0.3 | 0.5 | 0.1 | 0.6 | 26.0% |
Uruguay | 0.1 | 0.1 | N/A | 0.4 | 58.7% |
Others | 37.8 | 30.0 | 28.9 | 32.5 | -4.9% |
Total | 214 | 150 | 162 | 166 | -8.1% |
Top Export Markets for Metal Office Furniture from the United States in 2022:
- Mexico (1685.9 tons)
- Canada (335.8 tons)
- Ireland (246.0 tons)
- Brazil (147.2 tons)
- Japan (141.7 tons)
- United Kingdom (140.9 tons)
- France (132.1 tons)
- Taiwan (Chinese) (131.6 tons)
- China (128.9 tons)
- Uruguay (108.0 tons)
- Chad (96.1 tons)
- Germany (90.5 tons)
- Netherlands (84.0 tons)
This report provides an in-depth analysis of the metal office furniture market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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