U.S. Office Furniture (Except Wood) Market. Analysis And Forecast to 2025

U.S.: Office Furniture Market Overview 2019

Office Furniture Market Size in the USA

The revenue of the office furniture market in the U.S. amounted to $X in 2017, approximately mirroring the previous year. Overall, office furniture consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, when market value increased by X% y-o-y. In that year, the office furniture market attained their peak level of $X. From 2016 to 2017, growth of the office furniture market failed to regain its momentum.

Office Furniture Production in the USA

In value terms, office furniture production amounted to $X in 2017. In general, office furniture production continues to indicate a mild decline. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. In that year, the office furniture production attained their peak level of $X. From 2016 to 2017, growth of the office furniture production stood at a somewhat lower level.

Office Furniture Exports

Exports from the USA

Office furniture exports from the U.S. stood at X tonnes in 2017, waning by -X% against the previous year. Overall, office furniture exports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2015, when exports increased by -X% y-o-y. Over the period under review, the office furniture exports reached its peak figure volume of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, office furniture exports stood at $X in 2017. Overall, office furniture exports continue to indicate a deep setback. Over the period under review, the office furniture exports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Exports by Country

China (X tonnes), Ireland (X tonnes) and Costa Rica (X tonnes) were the main destinations of office furniture exports from the U.S., with a combined X% share of total exports.

From 2013 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Ireland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Bahrain ($X), Costa Rica ($X) and South Korea ($X) were the largest markets for office furniture exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by the United Arab Emirates, Ireland, Saudi Arabia, China, Japan, the UK, Kuwait, Trinidad and Tobago and Sweden, which together accounted for a further X%.

Ireland (+X% per year) recorded the highest rates of growth with regard to exports, among the main countries of destination over the last four years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average office furniture export price amounted to $X per kg, falling by -X% against the previous year. Over the period from 2013 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016, when it surged by X% against the previous year. In that year, the average export prices for office furniture (except wood) reached their peak level of $X per kg, and then declined slightly in the following year.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Bahrain ($X per kg), while average price for exports to Sweden ($X per kg) was amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Bahrain (+X% per year), the export prices for the other major destinations experienced more modest paces of growth.

Office Furniture Imports

Imports into the USA

In 2017, approx. X tonnes of office furniture (except wood) were imported into the U.S.; surging by X% against the previous year. In general, the total imports indicated a prominent increase from 2013 to 2017: its volume increased at an average annual rate of +X% over the last four year period. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the office furniture imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. In that year, the office furniture imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, office furniture imports amounted to $X in 2017. In general, the total imports indicated a prominent growth from 2013 to 2017: its value increased at an average annual rate of +X% over the last four year period. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the office furniture imports increased by +X% against 2013 indices. Over the period under review, the office furniture imports attained its maximum level in 2017, and are likely to see steady growth in the immediate term.

Imports by Country

In 2017, China (X tonnes) constituted the largest office furniture supplier to the U.S., with a X% share of total imports. Moreover, office furniture imports from China exceeded the figures recorded by the second largest supplier, Taiwan, Chinese (X tonnes), fivefold. The UK (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2017, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan, Chinese (+X% per year) and the UK (+X% per year).

In value terms, China ($X) constituted the largest supplier of office furniture to the U.S., making up X% of total office furniture imports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2013 to 2017, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan, Chinese (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2017, the average office furniture import price amounted to $X per kg, rising by X% against the previous year. Over the period from 2013 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. Over the period under review, the average import prices for office furniture (except wood) reached its maximum level of $X per kg in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of origin; the country with the highest import price was Italy ($X per kg), while price for China ($X per kg) was amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), the import prices for the other major suppliers experienced more modest paces of growth.