South-Eastern Asia: Metal Furniture Market 2020

Metal Furniture Market Size in South-Eastern Asia

The revenue of the metal furniture market in South-Eastern Asia amounted to $X in 2017, declining by -X% against the previous year. The metal furniture consumption continues to indicate a mild increase. The pace of growth appeared the most rapid in 2015, when it surged by X% against the previous year. In that year, the metal furniture market reached their peak level of $X. From 2016 to 2017, growth of the metal furniture market stood at a somewhat lower level.

Metal Furniture Production in South-Eastern Asia

The metal furniture production stood at X units in 2017, flattening at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2016, when the output figure increased by X% against the previous year. The volume of metal furniture production peaked in 2017, and is likely to continue its growth in the immediate term.

Metal Furniture Exports in South-Eastern Asia

In 2017, the amount of metal furniture exported in South-Eastern Asia amounted to X units, surging by X% against the previous year. The total exports indicated a prominent expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal furniture exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the metal furniture exports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, metal furniture exports amounted to $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal furniture exports increased by +X% against 2009 indices. Over the period under review, the metal furniture exports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Metal Furniture Exports by Country in South-Eastern Asia

Vietnam (X units) and Malaysia (X units) represented roughly X% of total exports of metal furniture in 2017. Indonesia (X units) held the second position in the ranking, distantly followed by the Philippines (X units), Singapore (X units) and Thailand (X units). All these countries together took approx. X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest metal furniture supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

In Vietnam, metal furniture exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Malaysia (-X% per year) and Thailand (+X% per year).

Metal Furniture Export Prices by Country in South-Eastern Asia

The metal furniture export price in South-Eastern Asia stood at $X per thousand units in 2017, waning by -X% against the previous year. The metal furniture export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, an increase of X% against the previous year. The level of export price peaked of $X per thousand units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Thailand ($X per thousand units), while Indonesia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Furniture Imports in South-Eastern Asia

In 2017, approx. X units of metal furniture were imported in South-Eastern Asia; rising by X% against the previous year. The metal furniture imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, metal furniture imports stood at $X in 2017. The metal furniture imports continue to indicate a remarkable expansion. Over the period under review, the metal furniture imports reached its maximum level in 2017, and are likely to see steady growth in the near future.

Metal Furniture Imports by Country in South-Eastern Asia

The countries with the highest levels of metal furniture imports in 2017 were the Philippines (X units), Indonesia (X units), Singapore (X units) and Thailand (X units), together recording X% of total import. It was distantly followed by Malaysia (X units), creating X% share of total imports. Myanmar (X units) and Vietnam (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest metal furniture markets worldwide were Singapore ($X), Malaysia ($X) and Thailand ($X), together comprising X% of total imports. These countries were followed by the Philippines, Indonesia, Myanmar and Vietnam, which together accounted for a further X%.

Vietnam (+X% per year) experienced the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Metal Furniture Import Prices by Country in South-Eastern Asia

In 2017, the metal furniture import price in South-Eastern Asia amounted to $X per thousand units, going down by -X% against the previous year. The metal furniture import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Over the period under review, the import prices for metal furniture reached its peak figure level of $X per thousand units in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Malaysia ($X per thousand units), while the Philippines ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform