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U.S. Metal Household Furniture Market. Analysis And Forecast to 2030

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Article Publishing Date: May 9, 2024

Imports of Metal Household Furniture in the United States Decline Sharply to $4.4 Billion by 2023

U.S. Metal Household Furniture Imports

In 2023, supplies from abroad of metal household furniture decreased by -23% to 1.2M tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 111%. Over the period under review, imports attained the maximum at 1.7M tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, metal household furniture imports contracted remarkably to $4.4B (IndexBox estimates) in 2023. In general, total imports indicated a tangible expansion from 2013 to 2023: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by -28.8% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of $6.2B. From 2022 to 2023, the growth of imports remained at a somewhat lower figure. U.S. Metal Household Furniture Imports By Country (Million USD)

COUNTRY	Import Value of Metal Household Furniture in U.S. (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
China	2,713	2,834	3,100	3,056	3,331	3,862	3,082	3,160	4,095	3,894	2,473
Vietnam	25.8	36.0	44.9	60.6	83.0	111	255	509	737	759	692
Taiwan (Chinese)	133	157	159	117	108	153	257	318	325	240	265
Mexico	79.3	88.1	108	116	123	180	262	167	219	241	238
India	69.6	82.5	104	107	97.0	110	114	110	173	175	132
Canada	16.9	19.7	27.8	33.8	39.2	50.5	49.8	46.2	60.3	98.9	124
Italy	54.4	55.6	54.3	71.8	75.6	77.4	76.3	72.1	95.9	116	101
Indonesia	24.0	36.9	51.1	44.8	34.0	42.3	63.2	84.0	136	163	91.6
Others	135	168	183	203	173	182	209	248	338	349	282
Total	3,252	3,477	3,831	3,810	4,065	4,768	4,367	4,715	6,180	6,036	4,398

Imports by Country

In 2023, China (884K tons) constituted the largest supplier of metal household furniture to the United States, with a 73% share of total imports. Moreover, metal household furniture imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (121K tons), sevenfold. The third position in this ranking was held by Taiwan (Chinese) (78K tons), with a 6.5% share.

From 2013 to 2023, the average annual rate of growth in terms of volume from China totaled +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+51.1% per year) and Taiwan (Chinese) (+17.4% per year).

In value terms, China ($2.5B) constituted the largest supplier of metal household furniture to the United States, comprising 56% of total imports. The second position in the ranking was taken by Vietnam ($692M), with a 16% share of total imports. It was followed by Taiwan (Chinese), with a 6% share.

From 2013 to 2023, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+39.0% per year) and Taiwan (Chinese) (+7.1% per year).

Import Prices by Country

In 2023, the metal household furniture price amounted to $3,653 per ton (CIF, US), declining by -5.4% against the previous year. In general, the import price saw a deep contraction. The growth pace was the most rapid in 2022 when the average import price increased by 7.9%. The import price peaked at $7,684 per ton in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Mexico ($7,019 per ton), while the price for China ($2,796 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by India (+1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal household furniture market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

NAICS 337124 - Metal household furniture manufacturing

Companies mentioned:

Summer Infant
RSI Home Products
Purcell Systems
Kln Steel Products Company
Rio Brands
Cole Kepro International
Tropitone Furniture Co.
Southern Aluminum Manufacturing
Nambe
Telescope Casual Furniture
Webcoat
Graco Children's Products
Wabash Valley Manufacturing
Hollywood Bed & Spring Mfg. Co.
Poly-Wood
Mantua Manufacturing Co.
Robern
Wesley Allen
Brown Jordan Company
Henry Crown and Company
Pavilion Furniture
Woodard--Cm
Murray's Iron Works
Swaim
Warren Homes
Chicago American Manufacturing
US Test Company 221
Metal Box InternationalKln Manufacturing

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

U.S. Metal Household Furniture Market. Analysis And Forecast to 2030

Imports of Metal Household Furniture in the United States Decline Sharply to $4.4 Billion by 2023

U.S. Metal Household Furniture Imports

Imports by Country

Import Prices by Country

Product coverage:

Companies mentioned:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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