Updated Jan 20, 2023 22:10

Metal Office Furniture Market in the Netherlands

Market Overview
The Dutch metal office furniture market reduced markedly to $ in , waning by -% 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). Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $, and then dropped markedly in the following year.

In value terms, metal office furniture production fell rapidly to $ in estimated in export price. In general, production, however, saw strong growth. The most prominent rate of growth was recorded in when the production volume increased by % against the previous year. As a result, production attained the peak level of $, and then contracted remarkably in the following year.


Consumption
In , the amount of metal office furniture consumed in the Netherlands reduced notably to tons, which is down by -% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, consumption attained the peak volume at tons in , and then fell significantly in the following year.

The size of the metal office furniture market in the Netherlands contracted rapidly to $ in , with a decrease of -% 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). Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $, and then declined notably in the following year.


Market Forecast
Driven by rising demand for metal office furniture in the Netherlands, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Driven by a growing demand, the share of imports in total supply in the Netherlands increased significantly over the last fifteen years (from % to %). Metal office furniture market in the Netherlands consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
The Netherlands remains a net exporter of metal office furniture; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a trade surplus of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.