China - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in China - 2023
Contents:
- Plastic Furniture Fittings Price in China (FOB) - 2023
- Plastic Furniture Fittings Price in China (CIF) - 2023
- Plastic Furniture Fittings Exports in China
- Plastic Furniture Fittings Imports in China
Plastic Furniture Fittings Price in China (FOB) - 2023
In June 2023, the average plastic furniture fittings export price amounted to $6,552 per ton, stabilizing at the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 24% month-to-month. Over the period under review, the average export prices hit record highs at $8,892 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($24,118 per ton), while the average price for exports to Nigeria ($1,492 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Fittings Price in China (CIF) - 2023
In June 2023, the average plastic furniture fittings import price amounted to $39,475 per ton, growing by 15% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in March 2023 an increase of 40% month-to-month. As a result, import price reached the peak level of $40,839 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($95,448 per ton), while the price for Malaysia ($5,400 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Exports in China
In 2022, shipments abroad of plastic fittings for furniture decreased by -21.9% to 102K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of 130K tons, and then declined sharply in the following year.
In value terms, plastic furniture fittings exports amounted to $653M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Plastic Furniture Fittings in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 112 | 137 | 174 | 179 | 16.9% |
| Japan | 42.8 | 46.0 | 63.3 | 56.5 | 9.7% |
| Singapore | 3.5 | 10.6 | 6.1 | 46.5 | 136.8% |
| Mexico | 19.7 | 17.9 | 28.0 | 24.4 | 7.4% |
| South Korea | 15.9 | 23.4 | 25.0 | 23.8 | 14.4% |
| Malaysia | 10.3 | 9.6 | 15.4 | 21.7 | 28.2% |
| Vietnam | 10.3 | 17.6 | 21.0 | 19.4 | 23.5% |
| Australia | 9.6 | 12.3 | 12.7 | 19.3 | 26.2% |
| Canada | 15.0 | 16.0 | 23.8 | 16.7 | 3.6% |
| Germany | 13.4 | 13.0 | 20.3 | 15.6 | 5.2% |
| United Kingdom | 13.4 | 12.0 | 16.7 | 14.2 | 2.0% |
| Netherlands | 6.8 | 8.4 | 10.1 | 9.0 | 9.8% |
| Nigeria | 7.0 | 6.9 | 7.9 | 7.7 | 3.2% |
| Others | 159 | 158 | 216 | 199 | 7.8% |
| Total | 439 | 489 | 640 | 653 | 14.2% |
Top Export Markets for Plastic Furniture Fittings from China in 2022:
- United States (29.6K tons)
- Mexico (5.6K tons)
- Japan (4.7K tons)
- Canada (3.5K tons)
- Singapore (3.5K tons)
- Netherlands (3.3K tons)
- Vietnam (2.9K tons)
- United Kingdom (2.7K tons)
- Australia (2.4K tons)
- Germany (2.0K tons)
- Nigeria (1.9K tons)
- South Korea (1.8K tons)
- Malaysia (1.6K tons)
Plastic Furniture Fittings Imports in China
In 2022, approx. 2.7K tons of plastic fittings for furniture were imported into China; waning by -5.7% on 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of 2.9K tons, and then contracted in the following year.
In value terms, plastic furniture fittings imports reduced to $77M in 2022. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 34%.
| Import of Plastic Furniture Fittings in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 12.8 | 10.8 | 26.2 | 28.8 | 31.0% |
| Italy | 3.3 | 8.8 | 14.7 | 10.9 | 48.9% |
| Germany | 12.3 | 12.0 | 13.0 | 10.4 | -5.4% |
| Japan | 6.7 | 6.3 | 6.4 | 7.1 | 2.0% |
| Czech Republic | 18.0 | 4.8 | 4.1 | 5.5 | -32.6% |
| Poland | 13.3 | 2.8 | 2.8 | 4.4 | -30.8% |
| Thailand | 3.7 | 3.7 | 4.1 | 2.4 | -13.4% |
| Others | 21.0 | 11.5 | 9.9 | 7.2 | -30.0% |
| Total | 91.1 | 60.7 | 81.3 | 76.8 | -5.5% |
Top Suppliers of Plastic Furniture Fittings to China in 2022:
- Austria (899.6 tons)
- Germany (520.4 tons)
- Thailand (269.1 tons)
- Japan (189.0 tons)
- Italy (188.1 tons)
- Czech Republic (141.6 tons)
- Poland (132.3 tons)
This report provides an in-depth analysis of the plastic furniture fittings market in China. 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:
- Prodcom 22292610 - Plastic fittings for furniture, coachwork or the like
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
319
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This report provides an in-depth analysis of the plastic furniture fittings market in China.
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193
In June 2023, the price of Plastic Furniture Fittings was $6,552 per ton (FOB, China), which was roughly in line with the previous month.
399
Office Supply exports dropped significantly to a value of $92M in February 2023
1233
In 2016, approx. X tons of office supply were imported worldwide- picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
731
In 2016, approx. X tons of office supply were imported worldwide- picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
