Metal furniture excluding office use market in Greece

Earlier Report Observations

The Greek market for metal furniture excluding office use expanded significantly from 2018 to 2024. In physical terms, the market volume grew from 16 thousand tonnes to 26 thousand tonnes, an increase of over 60%. The market value showed a parallel rise, moving from 56 million USD to 94 million USD over the same period.

Market growth was not linear, featuring a distinct pattern. After consistent increases from 2018 to 2021, where volume peaked at 22.7 thousand tonnes, the market experienced a contraction in 2022, falling to 20.2 thousand tonnes. This was followed by a robust recovery, with volume climbing to 23.3 thousand tonnes in 2023 and reaching 26.1 thousand tonnes in 2024, confirming a renewed upward trajectory.

Production metal furniture not for office use in Greece

In value, 2017-2020, K $ US

Greece's production of metal furniture excluding office use declined for the second consecutive year. In 2020, output was valued at 32 098 thousand US dollars, marking an 8.6% decrease from the previous year. The peak value was recorded in 2018 at 36 697 thousand US dollars, which also saw the largest annual increase of 14.3%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, Greece produced 5 784 tonnes of metal furniture excluding office use, representing a significant reduction of 11.6% compared to the previous year. From 2017 to 2020, production decreased by 9.7%, averaging an annual decline of 3.3%. The highest production volume was recorded in 2019 at 6 546 tonnes, which also experienced the largest annual increase of 9.8%.

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

Exports metal furniture not for office use from Greece

Exports in kind, t

Following two years of growth, exports of metal furniture excluding office use from Greece declined. In 2020, exports totalled 2 380 tonnes, down by 46.8% from the previous year. Between 2017 and 2020, exports decreased by 23.9%, with an average annual decline of 8.7%. The peak export volume was recorded in 2019 at 4 475 tonnes, while the largest annual increase occurred in 2018 at 27.5%.

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

From 2017 to 2020, Germany, Cyprus, and the Netherlands were the top destinations for Greece's exports of metal furniture excluding office use in volume terms. Germany accounted for 40.2% of exports, Cyprus for 12.3%, and the Netherlands for 11.1%, together comprising 63.6% of total export flows.

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

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

Exports in value, K $ US

After two years of gains, exports of metal furniture excluding office use from Greece declined. In 2020, exports amounted to 12 752 thousand US dollars, reflecting a sharp decrease of 42.9% compared to the prior year. From 2017 to 2020, exports fell by 27.9%, averaging an annual decline of 10.3%. The highest export value was recorded in 2019 at 22 317 thousand US dollars, and the largest annual increase occurred in 2018 at 21.7%.

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

In the period from 2017 to 2020, Germany, Cyprus, and the Netherlands were the main markets for Greece's exports of metal furniture excluding office use in value terms. Germany represented 39.8% of exports, Cyprus 11.7%, and the Netherlands 7.7%, together accounting for 59.1% of total export flows.

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

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

Imports metal furniture not for office use to Greece

Imports in kind, t

In 2020, Greece imported 15 776 tonnes of metal furniture excluding office use, showing a moderate decline of 3.5% year-over-year. Over the period from 2017 to 2020, imports increased by 7.7%, with an average annual growth rate of 2.5%. The lowest import volume was recorded in 2018 at 14 031 tonnes, while the peak was in 2019 at 16 318 tonnes. The largest annual decline occurred in 2018 at 4.1%, and the largest increase was in 2019 at 16.3%.

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

From 2017 to 2020, China, Germany, and Italy were the primary sources for Greece's imports of metal furniture excluding office use in volume terms. China accounted for 51.1% of imports, Germany for 13.0%, and Italy for 12.0%, together making up 76.1% of total import flows.

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

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

Imports in value, K $ US

Following two years of increase, Greece's imports of metal furniture excluding office use declined. In 2020, imports totalled 42 805 thousand US dollars, which is 6.8% lower than the previous year. Between 2017 and 2020, imports rose by 7.6%, averaging an annual growth rate of 2.5%. The highest import value was recorded in 2019 at 45 925 thousand US dollars, and the largest annual increase occurred in 2019 at 11.5%.

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

In the period from 2017 to 2020, China, Italy, and Germany were the largest suppliers of metal furniture excluding office use to Greece in value terms. China represented 40.8% of imports, Italy 15.9%, and Germany 14.1%, together forming 70.8% of total import flows.

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

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