Benelux: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in Benelux

In 2023, after two years of growth, there was significant decline in the Benelux metal domestic furniture market, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.

Metal Domestic Furniture Production in Benelux

In value terms, metal domestic furniture production expanded notably to $X in 2023 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Metal Domestic Furniture Exports

Exports in Benelux

In 2023, overseas shipments of metal furniture decreased by X% to X tons, falling for the second consecutive year after eight years of growth. Overall, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, metal domestic furniture exports dropped to $X in 2023. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

The Netherlands was the main exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Belgium (X tons), comprising a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the metal furniture exports, with a CAGR of X% from 2012 to 2023. At the same time, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest metal domestic furniture supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in the Netherlands amounted to X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2023, approximately equating the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Metal Domestic Furniture Imports

Imports in Benelux

In 2023, overseas purchases of metal furniture decreased by X% to X tons for the first time since 2013, thus ending a nine-year rising trend. In general, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2022, and then fell markedly in the following year.

In value terms, metal domestic furniture imports fell dramatically to $X in 2023. Over the period under review, imports, however, showed strong growth. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands was the largest importer of metal furniture in Benelux, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. It was distantly followed by Belgium (X tons), achieving a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the metal furniture imports, with a CAGR of X% from 2012 to 2023. At the same time, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported metal furniture in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, metal domestic furniture imports increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform