Bulgaria: Market for Non-Upholstered Seats With Wooden Frames 2024

Market Size for Non-Upholstered Seats With Wooden Frames in Bulgaria

The Bulgarian wooden frame non-upholstered seat market skyrocketed to $X in 2022, picking up by 59% against the previous year. In general, consumption, however, showed a abrupt decrease. Wooden frame non-upholstered seat consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Bulgaria

In value terms, wooden frame non-upholstered seat production declined to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by 18% against the previous year. Wooden frame non-upholstered seat production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Bulgaria

Wooden frame non-upholstered seat exports from Bulgaria reduced modestly to X units in 2022, falling by -2.2% against the year before. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 7.6% against the previous year. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wooden frame non-upholstered seat exports expanded notably to $X in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units), the Netherlands (X units) and Germany (X units) were the main destinations of wooden frame non-upholstered seat exports from Bulgaria, with a combined 41% share of total exports. Poland, France, Denmark, Greece, Italy, Romania, Spain, Belgium, Israel and Japan lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +80.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and Germany ($X) constituted the largest markets for wooden frame non-upholstered seat exported from Bulgaria worldwide, together comprising 36% of total exports. Poland, France, Denmark, Greece, Italy, Romania, Spain, Belgium, Israel and Japan lagged somewhat behind, together comprising a further 39%.

Denmark, with a CAGR of +72.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, surging by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($X per unit) and Spain ($X per unit), while the average price for exports to Japan ($X per unit) and Denmark ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Bulgaria

In 2022, after three years of growth, there was significant decline in overseas purchases of non-upholstered seats with wooden frames, when their volume decreased by -23.4% to X units. In general, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 90%. Imports peaked at X units in 2021, and then reduced rapidly in the following year.

In value terms, wooden frame non-upholstered seat imports skyrocketed to $X in 2022. Overall, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2019 when imports increased by 63%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Romania (X units) and Vietnam (X units) were the main suppliers of wooden frame non-upholstered seat imports to Bulgaria, with a combined 43% share of total imports. Turkey, Ukraine, Italy, Malaysia, North Macedonia, Poland and Germany lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +107.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Romania ($X) and Vietnam ($X) appeared to be the largest wooden frame non-upholstered seat suppliers to Bulgaria, with a combined 43% share of total imports. Turkey, Ukraine, Italy, Malaysia, North Macedonia, Poland and Germany lagged somewhat behind, together accounting for a further 42%.

In terms of the main suppliers, Ukraine, with a CAGR of +121.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, with an increase of 62% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($X per unit) and Vietnam ($X per unit), while the price for Germany ($X per unit) and Poland ($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 (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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