Europe: Plastic Furniture Fittings Market 2024

Plastic Furniture Fittings Market Size in Europe

The Europe plastic furniture fittings market expanded notably to $X in 2023, picking up by X% against the previous year. In general, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Plastic Furniture Fittings Production in Europe

In value terms, plastic furniture fittings production contracted to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Plastic Furniture Fittings Exports

Exports in Europe

In 2023, overseas shipments of plastic fittings for furniture increased by X% to X tons, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, plastic furniture fittings exports surged to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in years to come.

Exports by Country

In 2023, Poland (X tons) represented the main exporter of plastic fittings for furniture, creating X% of total exports. Germany (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (X%), the Czech Republic (X%) and France (X%). Portugal (X tons), Hungary (X tons), Italy (X tons), Spain (X tons) and Austria (X tons) held a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to plastic furniture fittings exports from Poland stood at X%. At the same time, Portugal (X%), Slovakia (X%), Italy (X%), Spain (X%), France (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. The Czech Republic experienced a relatively flat trend pattern. By contrast, Germany (X%) and Austria (X%) illustrated a downward trend over the same period. Poland (X p.p.), Slovakia (X p.p.) and Portugal (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic, Austria and Germany saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Poland ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Plastic Furniture Fittings Imports

Imports in Europe

In 2023, approx. X tons of plastic fittings for furniture were imported in Europe; with an increase of X% on the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, plastic furniture fittings imports surged to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Germany (X tons), the Czech Republic (X tons), Poland (X tons), Slovakia (X tons) and Spain (X tons) represented the major importer of plastic fittings for furniture in Europe, constituting X% of total import. The UK (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%) and Hungary (X%). Belgium (X tons), Russia (X tons), Italy (X tons), Ukraine (X tons) and Romania (X tons) took a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported plastic fittings for furniture in Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with an X% share of total imports. It was followed by Slovakia, with a X% share.

In Germany, plastic furniture fittings imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and Slovakia (X% per year).

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform