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

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

In 2022, the Croatian wooden frame non-upholstered seat market decreased by -10.7% to $X, falling for the fifth year in a row after two years of growth. In general, consumption recorded a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Croatia

In value terms, wooden frame non-upholstered seat production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +102.3% against 2020 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Croatia

In 2022, exports of non-upholstered seats with wooden frames from Croatia contracted slightly to X units, falling by -3.9% on 2021. In general, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 24% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, wooden frame non-upholstered seat exports skyrocketed to $X in 2022. Overall, exports recorded a mild curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 17%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X units) was the main destination for wooden frame non-upholstered seat exports from Croatia, with a 29% share of total exports. Moreover, wooden frame non-upholstered seat exports to Italy exceeded the volume sent to the second major destination, France (X units), twofold. Germany (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy amounted to -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.0% per year) and Germany (-2.4% per year).

In value terms, Italy ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Croatia, comprising 29% of total exports. The second position in the ranking was taken by France ($X), with a 14% share of total exports. It was followed by Germany, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at -7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+9.9% per year) and Germany (+1.2% per year).

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, with an increase of 21% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame non-upholstered seat export price increased by +92.8% against 2016 indices. 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 export markets. In 2022, amid the top suppliers, the countries with the highest prices were Denmark ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Canada ($X per unit) and the UK ($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 France (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Croatia

In 2022, overseas purchases of non-upholstered seats with wooden frames decreased by -17.8% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, wooden frame non-upholstered seat imports expanded significantly to $X in 2022. In general, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2015 with an increase of 35%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Vietnam (X units), Romania (X units) and Bosnia and Herzegovina (X units) were the main suppliers of wooden frame non-upholstered seat imports to Croatia, with a combined 46% share of total imports. Poland, Italy, Slovenia, Germany, Turkey, the Netherlands, Spain, Serbia, China and Malaysia lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +56.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame non-upholstered seat suppliers to Croatia were Vietnam ($X), Romania ($X) and Bosnia and Herzegovina ($X), with a combined 46% share of total imports. Poland, Italy, Slovenia, Germany, Turkey, the Netherlands, Spain, Serbia, China and Malaysia lagged somewhat behind, together accounting for a further 46%.

Turkey, with a CAGR of +61.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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, growing by 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 49%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($X per unit) and Spain ($X per unit), while the price for the Netherlands ($X per unit) and Serbia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :