Benelux: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in Benelux

The Benelux metal frame upholstered seat market skyrocketed to $X in 2021, with an increase of 57% against the previous year. Over the period under review, consumption recorded a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Upholstered Seats With Metal Frames in Benelux

In value terms, metal frame upholstered seat production soared to $X in 2021 estimated in export price. Overall, production showed a resilient expansion. 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 in Benelux

For the fourth consecutive year, Benelux recorded growth in shipments abroad of upholstered seats with metal frames, which increased by 26% to X units in 2021. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 157% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, metal frame upholstered seat exports contracted modestly to $X in 2021. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 98% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

The Netherlands was the main exporter of upholstered seats with metal frames in Benelux, with the volume of exports reaching X units, which was approx. 80% of total exports in 2021. It was distantly followed by Belgium (X units), committing a 20% share of total exports.

The Netherlands was also the fastest-growing in terms of the upholstered seats with metal frames exports, with a CAGR of +20.9% from 2012 to 2021. At the same time, Belgium (+14.4%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +9.1 percentage points.

In value terms, the Netherlands ($X) remains the largest metal frame upholstered seat supplier in Benelux, comprising 76% of total exports. The second position in the ranking was taken by Belgium ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands totaled +15.6%.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, falling by -21.3% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 when the export price increased by 23%. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-2.8%).

Imports of Upholstered Seats With Metal Frames

Imports in Benelux

For the fourth consecutive year, Benelux recorded growth in overseas purchases of upholstered seats with metal frames, which increased by 38% to X units in 2021. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by 63% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, metal frame upholstered seat imports surged to $X in 2021. Overall, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands represented the main importer of upholstered seats with metal frames in Benelux, with the volume of imports amounting to X units, which was approx. 73% of total imports in 2021. It was distantly followed by Belgium (X units), making up a 25% share of total imports. Luxembourg (X units) took a relatively small share of total imports.

The Netherlands was also the fastest-growing in terms of the upholstered seats with metal frames imports, with a CAGR of +17.7% from 2012 to 2021. At the same time, Belgium (+7.0%) and Luxembourg (+2.7%) displayed positive paces of growth. The Netherlands (+20 p.p.) significantly strengthened its position in terms of the total imports, while Luxembourg and Belgium saw its share reduced by -2.3% and -17.8% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported upholstered seats with metal frames in Benelux, comprising 73% of total imports. The second position in the ranking was taken by Belgium ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands totaled +18.9%. In the other countries, the average annual rates were as follows: Belgium (+8.1% per year) and Luxembourg (+3.7% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, picking up by 3.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2016 an increase of 13% against the previous year. The level of import 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 importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform