Belgium: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in Belgium

The Belgian metal frame upholstered seat market soared to $X in 2021, increasing by 57% against the previous year. In general, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +113.3% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Upholstered Seats With Metal Frames in Belgium

In value terms, metal frame upholstered seat production surged to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Upholstered Seats With Metal Frames

Exports from Belgium

In 2021, overseas shipments of upholstered seats with metal frames increased by 91% to X units, rising for the fourth consecutive year after three years of decline. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, metal frame upholstered seat exports soared to $X in 2021. In general, exports saw resilient growth. The growth pace was the most rapid in 2020 when exports increased by 62% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X units) was the main destination for metal frame upholstered seat exports from Belgium, with a 55% share of total exports. Moreover, metal frame upholstered seat exports to France exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 9.9% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+16.1% per year) and Germany (+20.5% per year).

In value terms, France ($X) remains the key foreign market for upholstered seats with metal frames exports from Belgium, comprising 54% of total exports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total exports. It was followed by Germany, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+12.8% per year) and Germany (+17.1% per year).

Export Prices by Country

In 2021, the average metal frame upholstered seat export price amounted to $X per unit, waning by -17.6% against the previous year. In general, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 23%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Italy ($X per unit) and Luxembourg ($X per unit), while the average price for exports to France ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-2.8%), while the prices for the other major destinations experienced a decline.

Imports of Upholstered Seats With Metal Frames

Imports into Belgium

In 2021, imports of upholstered seats with metal frames into Belgium skyrocketed to X units, growing by 65% against the previous year. Over the period under review, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat imports skyrocketed to $X in 2021. In general, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal frame upholstered seat to Belgium, accounting for a 58% share of total imports. Moreover, metal frame upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sixfold. Germany (X units) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.0% per year) and Germany (-3.3% per year).

In value terms, China ($X) constituted the largest supplier of upholstered seats with metal frames to Belgium, comprising 58% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of total imports. It was followed by Germany, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+6.1% per year) and Germany (-2.3% per year).

Import Prices by Country

In 2021, the average metal frame upholstered seat import price amounted to $X per unit, rising by 3.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 13% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per unit) and the Netherlands ($X per unit), while the price for the UK ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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