Germany - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Germany - 2023
Contents:
- Plastic Furniture Fittings Price in Germany (FOB) - 2023
- Plastic Furniture Fittings Price in Germany (CIF) - 2023
- Plastic Furniture Fittings Exports in Germany
- Plastic Furniture Fittings Imports in Germany
Plastic Furniture Fittings Price in Germany (FOB) - 2023
In June 2023, the average plastic furniture fittings export price amounted to $26,519 per ton, remaining stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in March 2023 when the average export price increased by 13% m-o-m. The export price peaked at $26,563 per ton in May 2023, and then dropped in the following month.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was China ($49,610 per ton), while the average price for exports to Poland ($13,213 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Fittings Price in Germany (CIF) - 2023
In June 2023, the average plastic furniture fittings import price amounted to $23,145 per ton, declining by -5.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 13% against the previous month. Over the period under review, average import prices hit record highs at $24,532 per ton in May 2023, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($79,927 per ton), while the price for the UK ($12,832 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Exports in Germany
In 2022, the amount of plastic fittings for furniture exported from Germany fell slightly to 37K tons, shrinking by -3% against the previous year. In general, exports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 11%.
In value terms, plastic furniture fittings exports contracted to $894M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of $900M, leveling off in the following year.
| Export of Plastic Furniture Fittings in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 121 | 136 | 166 | 174 | 12.9% |
| United States | 82.5 | 73.5 | 90.1 | 98.2 | 6.0% |
| Czech Republic | 74.2 | 63.5 | 69.1 | 68.3 | -2.7% |
| Poland | 58.1 | 49.4 | 51.6 | 60.0 | 1.1% |
| United Kingdom | 34.9 | 29.8 | 44.9 | 43.2 | 7.4% |
| Spain | 39.2 | 31.2 | 37.2 | 38.1 | -0.9% |
| Hungary | 43.5 | 39.1 | 39.1 | 34.0 | -7.9% |
| Austria | 38.8 | 27.2 | 31.4 | 33.4 | -4.9% |
| Italy | 29.6 | 27.1 | 36.5 | 31.3 | 1.9% |
| Slovakia | 34.6 | 28.9 | 30.4 | 27.0 | -7.9% |
| Mexico | 23.3 | 23.2 | 23.6 | 25.6 | 3.2% |
| Belgium | 15.7 | 14.9 | 18.9 | 21.4 | 10.9% |
| Netherlands | 15.2 | 17.1 | 20.4 | 17.4 | 4.6% |
| Others | 242 | 216 | 241 | 223 | -2.7% |
| Total | 852 | 777 | 900 | 894 | 1.6% |
Top Export Markets for Plastic Furniture Fittings from Germany in 2022:
- Poland (4.5K tons)
- Czech Republic (4.2K tons)
- China (3.3K tons)
- Austria (2.6K tons)
- Slovakia (2.3K tons)
- United States (2.2K tons)
- Hungary (2.1K tons)
- United Kingdom (1.8K tons)
- Spain (1.8K tons)
- Mexico (1.2K tons)
- Italy (1.1K tons)
- Belgium (1.1K tons)
- Netherlands (1.0K tons)
Plastic Furniture Fittings Imports in Germany
Plastic furniture fittings imports into Germany was estimated at 33K tons in 2022, leveling off at the year before. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, plastic furniture fittings imports expanded remarkably to $711M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Plastic Furniture Fittings in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 156 | 142 | 194 | 231 | 14.0% |
| Poland | 161 | 124 | 108 | 99.8 | -14.7% |
| Slovakia | 59.4 | 54.3 | 110 | 92.4 | 15.9% |
| China | 23.1 | 20.6 | 34.0 | 54.8 | 33.4% |
| Austria | 32.1 | 34.9 | 40.0 | 34.2 | 2.1% |
| Italy | 20.0 | 18.8 | 27.6 | 21.5 | 2.4% |
| United States | 16.9 | 14.3 | 16.2 | 19.2 | 4.3% |
| Bulgaria | 0.1 | 0.3 | 8.1 | 18.9 | 473.9% |
| France | 12.3 | 14.3 | 15.2 | 17.5 | 12.5% |
| Spain | 18.3 | 15.6 | 20.2 | 16.8 | -2.8% |
| Romania | 5.6 | 7.5 | 12.1 | 14.3 | 36.7% |
| United Kingdom | 10.9 | 7.0 | 9.1 | 8.1 | -9.4% |
| Vietnam | 0.1 | 0.2 | 1.8 | 7.0 | 312.1% |
| Others | 55.7 | 53.8 | 67.5 | 75.0 | 10.4% |
| Total | 572 | 508 | 665 | 711 | 7.5% |
Top Suppliers of Plastic Furniture Fittings to Germany in 2022:
- Czech Republic (6.8K tons)
- Poland (4.4K tons)
- Austria (3.3K tons)
- Slovakia (3.3K tons)
- United States (2.4K tons)
- China (2.1K tons)
- France (1.3K tons)
- Italy (1.2K tons)
- Vietnam (1.1K tons)
- Bulgaria (1.0K tons)
- United Kingdom (0.8K tons)
- Romania (0.7K tons)
- Spain (0.6K tons)
This report provides an in-depth analysis of the plastic furniture fittings market in Germany. 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 22292610 - Plastic fittings for furniture, coachwork or the like
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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78
The growth of the Plastic Furniture Fittings exports stayed modest from 2016 to 2023, with a notable increase in value to $899M in 2023.
207
In February 2023, the plastic furniture fittings price stood at $23,884 per ton (FOB, Germany), falling by -6.4% against the previous month.
253
In July 2022, the office supply price per ton amounted to $7.1K (CIF, Germany), jumping by 18% against the previous month.
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78
The growth of the Plastic Furniture Fittings exports stayed modest from 2016 to 2023, with a notable increase in value to $899M in 2023.
207
In February 2023, the plastic furniture fittings price stood at $23,884 per ton (FOB, Germany), falling by -6.4% against the previous month.
253
In July 2022, the office supply price per ton amounted to $7.1K (CIF, Germany), jumping by 18% against the previous month.
