United Kingdom - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in the UK - 2023
Contents:
- Plastic Furniture Fittings Price in the UK (CIF) - 2023
- Plastic Furniture Fittings Price in the UK (FOB) - 2022
- Plastic Furniture Fittings Imports in the UK
- Plastic Furniture Fittings Exports in the UK
Plastic Furniture Fittings Price in the UK (CIF) - 2023
The average plastic furniture fittings import price stood at $8,398 per ton in June 2023, surging by 10% against the previous month. In general, the import price recorded a slight increase. The pace of growth appeared the most rapid in October 2022 an increase of 100% m-o-m. Over the period under review, average import prices attained the peak figure at $15,193 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($16,574 per ton), while the price for Austria ($4,366 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 China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Price in the UK (FOB) - 2022
In 2022, the average plastic furniture fittings export price amounted to $21,508 per ton, jumping by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2018 when the average export price increased by 35%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
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 the United States ($59,393 per ton), while the average price for exports to the United Arab Emirates ($5,672 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 China (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Fittings Imports in the UK
For the third year in a row, the UK recorded decline in purchases abroad of plastic fittings for furniture, which decreased by -33.2% to 12K tons in 2022. Over the period under review, imports continue to indicate a sharp downturn. The smallest decline of -5.6% was in 2021.
In value terms, plastic furniture fittings imports declined to $123M in 2022. In general, imports faced a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 0.6% against the previous year.
| Import of Plastic Furniture Fittings in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 256 | 61.7 | 54.0 | 28.0 | -52.2% |
| Poland | 12.7 | 17.4 | 14.3 | 18.6 | 13.6% |
| China | 14.2 | 12.6 | 15.1 | 14.9 | 1.6% |
| France | 14.6 | 10.9 | 10.3 | 12.2 | -5.8% |
| Italy | 8.5 | 6.2 | 8.9 | 7.2 | -5.4% |
| Slovenia | 0.1 | 0.2 | 0.6 | 5.7 | 284.9% |
| Czech Republic | 4.8 | 4.7 | 7.3 | 4.7 | -0.7% |
| Austria | 4.9 | 5.5 | 6.0 | 4.1 | -5.8% |
| Spain | 3.5 | 3.5 | 4.4 | 3.6 | 0.9% |
| Turkey | 0.3 | 1.2 | 0.5 | 3.0 | 115.4% |
| Belgium | 3.0 | 1.3 | 2.4 | 0.8 | -35.6% |
| Others | 25.1 | 17.3 | 19.2 | 19.6 | -7.9% |
| Total | 348 | 142 | 143 | 123 | -29.3% |
Top Suppliers of Plastic Furniture Fittings to the UK in 2022:
- Germany (2986.5 tons)
- China (2104.6 tons)
- Poland (1753.0 tons)
- France (840.3 tons)
- Austria (840.1 tons)
- Czech Republic (544.7 tons)
- Slovenia (473.1 tons)
- Turkey (460.7 tons)
- Italy (327.3 tons)
- Spain (220.8 tons)
- Belgium (141.7 tons)
Plastic Furniture Fittings Exports in the UK
Plastic furniture fittings exports from the UK reduced rapidly to 3K tons in 2022, declining by -26.1% on the previous year. Over the period under review, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 when exports increased by 45%. As a result, the exports reached the peak of 4.1K tons, and then dropped remarkably in the following year.
In value terms, plastic furniture fittings exports contracted to $64M in 2022. Overall, exports recorded a slight reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $74M, and then shrank in the following year.
| Export of Plastic Furniture Fittings in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.4 | 9.0 | 10.8 | 11.9 | 8.2% |
| Germany | 8.9 | 7.3 | 11.8 | 7.8 | -4.3% |
| Netherlands | 5.5 | 4.2 | 6.9 | 4.9 | -3.8% |
| France | 5.7 | 4.5 | 5.2 | 4.4 | -8.3% |
| Poland | 3.9 | 4.0 | 4.4 | 3.2 | -6.4% |
| Turkey | 2.2 | 1.2 | 1.3 | 3.0 | 10.9% |
| China | 1.5 | 1.8 | 3.6 | 2.6 | 20.1% |
| Ireland | 3.5 | 1.6 | 2.3 | 2.6 | -9.4% |
| Slovakia | 1.3 | 1.1 | 3.6 | 2.4 | 22.7% |
| Sweden | 0.8 | 0.9 | 1.9 | 1.8 | 31.0% |
| Spain | 3.4 | 1.8 | 2.8 | 1.8 | -19.1% |
| Morocco | 0.5 | 0.4 | 1.6 | 1.5 | 44.2% |
| United Arab Emirates | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| Others | 21.1 | 15.4 | 17.6 | 16.0 | -8.8% |
| Total | 67.8 | 53.3 | 74.2 | 64.5 | -1.6% |
Top Export Markets for Plastic Furniture Fittings from the UK in 2022:
- Germany (415.1 tons)
- Netherlands (331.9 tons)
- Poland (272.3 tons)
- Ireland (221.1 tons)
- France (215.8 tons)
- United States (200.0 tons)
- Spain (186.9 tons)
- Slovakia (160.1 tons)
- Turkey (126.9 tons)
- Morocco (100.4 tons)
- United Arab Emirates (94.4 tons)
- Sweden (70.6 tons)
- China (69.2 tons)
This report provides an in-depth analysis of the plastic furniture fittings market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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