Moldova: Metal Office Furniture Market 2020

Metal Office Furniture Market Size in Moldova

The revenue of the metal office furniture market in Moldova amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, metal office furniture consumption continues to indicate prominent growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, the metal office furniture market attained its peak figure level in 2018 and is likely to see steady growth in the near future.

Metal Office Furniture Exports

Exports from Moldova

Metal office furniture exports from Moldova stood at X tons in 2018, going up by X% against the previous year. In general, metal office furniture exports, however, continue to indicate an abrupt deduction. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. Moldova exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, metal office furniture exports amounted to $X in 2018. Overall, metal office furniture exports, however, continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Moldova exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China was the main exporter of metal furniture of a kind used in offices exported in the world, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2018. It was distantly followed by Canada (X tons), the U.S. (X tons), Taiwan, Chinese (X tons), Germany (X tons) and Italy (X tons), together committing a X% share of total exports. The following exporters - Turkey (X tons), Malaysia (X tons), Spain (X tons), Belgium (X tons), Poland (X tons) and the UK (X tons) - each resulted at an X% share of total exports.

China was also the fastest-growing in terms of the metal furniture of a kind used in offices exports, with a CAGR of +X% from 2007 to 2018. At the same time, Taiwan, Chinese (+X%), Malaysia (+X%), Spain (+X%), Poland (+X%) and Canada (+X%) displayed positive paces of growth. Belgium and the U.S. experienced a relatively flat trend pattern. By contrast, Germany (-X%), Turkey (-X%), Italy (-X%) and the UK (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Taiwan, Chinese (+X p.p.) and Canada (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of the UK (-X p.p.) and Italy (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal office furniture supplier from Moldova, comprising X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, metal office furniture exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Canada (+X% per year) and Germany (-X% per year).

Export Prices by Country

In 2018, the metal office furniture export price in Moldova amounted to $X per ton, lowering by -X% against the previous year. In general, the metal office furniture export price continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Moldova export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the other leaders experienced more modest paces of growth.

Metal Office Furniture Imports

Imports into Moldova

In 2018, the amount of metal furniture of a kind used in offices imported into Moldova amounted to X tons, increasing by X% against the previous year. Overall, metal office furniture imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, metal office furniture imports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, metal office furniture imports amounted to $X in 2018. Overall, metal office furniture imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Moldova imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

The U.S. represented the main importer of metal furniture of a kind used in offices imported in the world, with the volume of imports resulting at X tons, which was near X% of total imports in 2018. France (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Germany (X%), the UK (X%) and Canada (X%). The Netherlands (X tons), Indonesia (X tons), Singapore (X tons), Australia (X tons), China, Hong Kong SAR (X tons), Belgium (X tons) and the Philippines (X tons) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Indonesia (+X%), the Philippines (+X%), Australia (+X%), Singapore (+X%), Canada (+X%), the Netherlands (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. France experienced a relatively flat trend pattern. By contrast, the UK (-X%), China, Hong Kong SAR (-X%) and Belgium (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) and Indonesia (+X p.p.) significantly strengthened its position in terms of the global imports, while Belgium and the UK saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported metal furniture of a kind used in offices into Moldova, comprising X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+X% per year) and the UK (-X% per year).

Import Prices by Country

In 2018, the metal office furniture import price in Moldova amounted to $X per ton, approximately equating the previous year. Overall, the metal office furniture import price continues to indicate a drastic decline. The growth pace was the most rapid in 2009 an increase of X% y-o-y. In that year, the import prices for metal furniture of a kind used in offices attained their peak level of $X per ton. From 2010 to 2018, the growth in terms of the import prices for metal furniture of a kind used in offices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform