Europe: Plastic Furniture Market 2024

Plastic Furniture Market Size in Europe

The Europe plastic furniture market declined to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Plastic Furniture Production in Europe

In value terms, plastic furniture production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Plastic Furniture Exports

Exports in Europe

In 2022, overseas shipments of furniture of plastic decreased by X% to X units, falling for the fourth year in a row after three years of growth. Overall, exports saw a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, plastic furniture exports shrank modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell modestly in the following year.

Exports by Country

Italy represented the key exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Poland (X units), the Netherlands (X units), Germany (X units), the UK (X units) and Spain (X units), together achieving a X% share of total exports. Belgium (X units), Portugal (X units), France (X units), Russia (X units), Austria (X units) and Sweden (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic furniture exports from Italy stood at X%. At the same time, Russia (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, Poland (X%), Spain (X%), the Netherlands (X%), Portugal (X%), Sweden (X%), the UK (X%), Germany (X%), Austria (X%), Belgium (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, the Netherlands, Russia and Spain increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest plastic furniture supplier in Europe, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Italy was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other leaders experienced more modest paces of growth.

Plastic Furniture Imports

Imports in Europe

In 2022, the amount of furniture of plastic imported in Europe contracted markedly to X units, with a decrease of X% against the year before. In general, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, plastic furniture imports dropped to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

The UK represented the key importer of furniture of plastic in Europe, with the volume of imports amounting to X units, which was near X% of total imports in 2022. France (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Germany (X%), Spain (X%) and the Netherlands (X%). Russia (X units), Belgium (X units), Poland (X units), Switzerland (X units), Norway (X units), Italy (X units), Sweden (X units) and Ireland (X units) followed a long way behind the leaders.

Imports into the UK increased at an average annual rate of X% from 2012 to 2022. At the same time, Norway (X%), Ireland (X%) and Russia (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), Sweden (X%), Switzerland (X%), Germany (X%), Belgium (X%), Italy (X%), Spain (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the UK and Russia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic furniture importing markets in Europe were the UK ($X), Germany ($X) and France ($X), with a combined X% share of total imports. The Netherlands, Spain, Belgium, Italy, Poland, Sweden, Russia, Switzerland, Ireland and Norway lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Ireland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, surging by X% against the previous year. Overall, the import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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