U.S. - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in the United States - 2023
Contents:
- Plastic Furniture Fittings Price in the United States (CIF) - 2023
- Plastic Furniture Fittings Price in the United States (FOB) - 2023
- Plastic Furniture Fittings Imports in the United States
- Plastic Furniture Fittings Exports in the United States
Plastic Furniture Fittings Price in the United States (CIF) - 2023
In August 2023, the average plastic furniture fittings import price amounted to $8,836 per ton, surging by 15% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $9,604 per ton in September 2022; however, from October 2022 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($15,264 per ton), while the price for Japan ($3,511 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 China (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Price in the United States (FOB) - 2023
In August 2023, the average plastic furniture fittings export price amounted to $8,731 per ton, which is down by -7.2% against the previous month. In general, the export price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in May 2023 an increase of 15% m-o-m. The export price peaked at $11,164 per ton in October 2022; however, from November 2022 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Mexico ($11,353 per ton), while the average price for exports to Canada totaled $5,660 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.8%).
Plastic Furniture Fittings Imports in the United States
For the fourth consecutive year, the United States recorded growth in purchases abroad of plastic fittings for furniture, which increased by 2.9% to 91K tons in 2022. The total import volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, plastic furniture fittings imports reached $819M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 20%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Plastic Furniture Fittings in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 159 | 146 | 176 | 214 | 10.4% |
| China | 249 | 176 | 220 | 207 | -6.0% |
| South Korea | 88.4 | 61.9 | 76.3 | 91.0 | 1.0% |
| Japan | 45.6 | 49.4 | 58.4 | 68.8 | 14.7% |
| Germany | 51.8 | 37.8 | 44.8 | 52.9 | 0.7% |
| Canada | 80.2 | 52.3 | 52.7 | 51.6 | -13.7% |
| Taiwan (Chinese) | 19.3 | 22.0 | 28.2 | 31.4 | 17.6% |
| Others | 90.9 | 80.6 | 93.0 | 102 | 3.9% |
| Total | 784 | 626 | 750 | 819 | 1.5% |
Top Suppliers of Plastic Furniture Fittings to the United States in 2022:
- Mexico (37.5K tons)
- China (24.8K tons)
- South Korea (7.1K tons)
- Canada (7.0K tons)
- Japan (3.8K tons)
- Germany (3.3K tons)
- Taiwan (Chinese) (2.2K tons)
Plastic Furniture Fittings Exports in the United States
In 2022, the amount of plastic fittings for furniture exported from the United States shrank to 26K tons, dropping by -7.9% compared with 2021 figures. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 6.9% against the previous year.
In value terms, plastic furniture fittings exports contracted to $281M in 2022. In general, exports recorded a abrupt curtailment.
| Export of Plastic Furniture Fittings in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 209 | 166 | 157 | 155 | -9.5% |
| Canada | 108 | 89.2 | 77.5 | 77.6 | -10.4% |
| China | 7.5 | 7.0 | 8.8 | 9.1 | 6.7% |
| Others | 37.2 | 29.9 | 40.1 | 38.7 | 1.3% |
| Total | 361 | 292 | 283 | 281 | -8.0% |
Top Export Markets for Plastic Furniture Fittings from the United States in 2022:
- Mexico (15.6K tons)
- Canada (8.2K tons)
- China (0.4K tons)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
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
410
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298
The import value of Plastic Furniture Fittings decreased to $65 million in July 2023.
120
From June 2023 to November 2023, the import growth of Office Supply remained at a slightly lower rate. The value of Office Supply imports decreased to $29M in November 2023.
266
In April 2023, the office supply price amounted to $2,924 per ton (CIF, US), growing by 26% against the previous month.
1233
In 2016, approx. X tons of office supply were imported worldwide- picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
731
In 2016, approx. X tons of office supply were imported worldwide- picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
586
In value terms, bells, gongs and the like imports totaled $X in 2016. In general, bells, gongs and the like imports continue to indicate a relatively flat trend pattern. Over the period under revie...
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298
The import value of Plastic Furniture Fittings decreased to $65 million in July 2023.
120
From June 2023 to November 2023, the import growth of Office Supply remained at a slightly lower rate. The value of Office Supply imports decreased to $29M in November 2023.
266
In April 2023, the office supply price amounted to $2,924 per ton (CIF, US), growing by 26% against the previous month.
