Metal furniture excluding office use market in Belgium

Earlier Report Observations

The Belgian market for metal furniture excluding office use saw a steep and sustained decline in physical volume between 2018 and 2023, contracting from 79 thousand tons to 30 thousand tons. This represented a drop of over 60%, with the market finding a floor in 2024 as volume stabilized at just over 30 thousand tons.

In value terms, the market's downward trend was similar, falling from $219 million to $142 million from 2018 to 2023. However, temporary rebounds occurred in 2021, when the market value rose to $199 million, and again in 2024, reaching $153 million. These fluctuations suggest changes in product pricing or a shift toward higher-value items within the shrinking overall market volume.

This period was marked by a parallel decline in domestic production, which more than halved from 16 thousand tons to 7 thousand tons. Import and export flows also decreased significantly, with falling import volumes being a primary contributor to the reduction in total market size available to Belgian consumers.

Production metal furniture not for office use in Belgium

In value, 2017-2020, M $ US

In 2020, Belgium's output of metal furniture excluding office use was valued at 78.0 million US dollars, marking a 16.7% decrease compared to 2019. Over the period from 2017 to 2020, production fell by 28.1%, with a compound annual growth rate of 10.4%. The largest increase occurred in 2019, at 2.8%.

Annual dynamics of production in Belgium in value, 2017-2020, M $ US

In kind, 2017-2020, t

In 2020, Belgium produced 13 618 tonnes of metal furniture excluding office use, showing a 16.2% decline compared to 2019. From 2017 to 2020, production dropped by 42.5%, with a compound annual growth rate of 16.8%. The largest decrease was in 2018, at 33.0%, while the largest increase was in 2019, at 2.4%.

Annual dynamics of production in Belgium in kind, 2017-2020, t

Exports metal furniture not for office use from Belgium

Exports in kind, t

Exports of metal furniture excluding office use from Belgium increased for the third consecutive year. In 2020, exports reached 22 731 tonnes, representing a slight gain of 2.5% year-over-year. Over the period from 2017 to 2020, exports grew by 34.5%, with a compound annual growth rate of 10.4%.

Annual dynamics of product's exports from Belgium in kind, 2017-2020, t

From 2017 to 2020, France, with 47.9% of exports in kind, the Netherlands at 21.6%, and Germany at 4.5%, led as the top buyers of metal furniture excluding office use from Belgium. Together, they accounted for 74.0% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Belgium in kind, 2017-2020

Exports in value, M $ US

After a two-year advance, exports of metal furniture excluding office use from Belgium declined. In 2020, exports totaled 99.4 million US dollars, equivalent to a 5.9% decrease from the previous year. Between 2017 and 2020, exports increased by 8.1%, equating to an annualized rate of 2.6%. The maximum value was recorded in 2019 at 105.7 million US dollars, with the largest increase occurring in 2018 at 9.4%.

Annual dynamics of product's exports from Belgium in value, 2017-2020, M $ US

Throughout 2017 to 2020, France, with 38.6% of exports in value terms, the Netherlands at 17.2%, and Germany at 9.3%, played leading roles in the value-based exports of metal furniture excluding office use from Belgium. Jointly, they took 65.1% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Belgium in value, 2017-2020

Imports metal furniture not for office use to Belgium

Imports in kind, t

Imports of metal furniture excluding office use into Belgium declined for the second consecutive year. In 2020, imports amounted to 62 381 tonnes, down by 4.3% year-over-year. The maximum value was recorded in 2018 at 81 244 tonnes. The largest decline occurred in 2019 at 19.8%, while the largest increase was in 2018 at 28.6%.

Annual dynamics of product's imports to Belgium in kind, 2017-2020, t

From 2017 to 2020, China, with 29.5% of imports in kind, the Netherlands at 23.1%, and Germany at 15.6%, together absorbed 68.3% of total imports in kind of metal furniture excluding office use to Belgium, making them the main sources.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Belgium in kind, 2017-2020

Imports in value, M $ US

Imports of metal furniture excluding office use into Belgium declined for the second consecutive year. In 2020, imports totaled 201.9 million US dollars, corresponding to a 5.8% fall versus the previous year. The maximum value was recorded in 2018 at 228.7 million US dollars. The largest decline occurred in 2019 at 6.3%, while the largest increase was in 2018 at 12.3%.

Annual dynamics of product's imports to Belgium in value, 2017-2020, M $ US

In 2017 to 2020, China, with 26.4% of imports in value terms, Germany at 23.9%, and the Netherlands at 19.1%, together accounted for 69.4% of total imports in value terms, remaining the main destinations for metal furniture excluding office use to Belgium.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Belgium in value, 2017-2020