Belgium: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Belgium

In 2022, the Belgian wooden frame upholstered seat market decreased by -18.4% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

Production of Upholstered Seats With Wooden Frames in Belgium

In value terms, wooden frame upholstered seat production dropped to $X in 2022 estimated in export price. Overall, production showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the production volume increased by 103% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports from Belgium

In 2022, shipments abroad of upholstered seats with wooden frames decreased by -44.1% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 40%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wooden frame upholstered seat exports declined remarkably to $X in 2022. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for wooden frame upholstered seat exports from Belgium, accounting for a 59% share of total exports. Moreover, wooden frame upholstered seat exports to France exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. Germany (X units) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-8.8% per year) and Germany (-15.1% per year).

In value terms, France ($X) remains the key foreign market for upholstered seats with wooden frames exports from Belgium, comprising 59% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 16% share of total exports. It was followed by Germany, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value to France stood at -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-7.1% per year) and Germany (-13.6% per year).

Export Prices by Country

In 2022, the average wooden frame upholstered seat export price amounted to $X per unit, picking up by 26% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($X per unit) and the UK ($X per unit), while the average price for exports to Luxembourg ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports into Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of upholstered seats with wooden frames, when their volume decreased by -42.4% to X units. Overall, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of X units, and then fell notably in the following year.

In value terms, wooden frame upholstered seat imports fell rapidly to $X in 2022. Over the period under review, imports continue to indicate a slight decline. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports reached the peak of $X, and then fell sharply in the following year.

Imports by Country

Poland (X units), Italy (X units) and the Netherlands (X units) were the main suppliers of wooden frame upholstered seat imports to Belgium, with a combined 59% share of total imports. China, Romania, Ukraine, Germany, Hungary, Denmark, France and Slovakia lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +45.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Italy ($X) and the Netherlands ($X) were the largest wooden frame upholstered seat suppliers to Belgium, together comprising 59% of total imports. China, Romania, Ukraine, Germany, Hungary, Denmark, France and Slovakia lagged somewhat behind, together accounting for a further 30%.

Ukraine, with a CAGR of +46.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden frame upholstered seat import price amounted to $X per unit, increasing by 35% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($X per unit) and Slovakia ($X per unit), while the price for France ($X per unit) and Denmark ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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