Denmark: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in Denmark

The Danish metal frame non-upholstered seat market soared to $X in 2021, growing by 21% against the previous year. Overall, consumption continues to indicate a noticeable expansion. Metal frame non-upholstered seat consumption peaked in 2021 and is expected to retain growth in years to come.

Production of Non-Upholstered Seats With Metal Frames in Denmark

In value terms, metal frame non-upholstered seat production stood at $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced slump. Metal frame non-upholstered seat production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Denmark

Metal frame non-upholstered seat exports from Denmark surged to X units in 2021, growing by 54% compared with the previous year. In general, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame non-upholstered seat exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), the Netherlands (X units) and Sweden (X units) were the main destinations of metal frame non-upholstered seat exports from Denmark, with a combined 39% share of total exports. These countries were followed by Norway, the UK, South Korea, France, the United States, Belgium, Japan, Finland and Switzerland, which together accounted for a further 45%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +51.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Sweden ($X) constituted the largest markets for metal frame non-upholstered seat exported from Denmark worldwide, with a combined 39% share of total exports. These countries were followed by Norway, the UK, South Korea, France, the United States, Belgium, Japan, Finland and Switzerland, which together accounted for a further 45%.

South Korea, with a CAGR of +53.5%, saw the highest growth rate of 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

The average metal frame non-upholstered seat export price stood at $X per unit in 2021, almost unchanged from the previous year. Over the period under review, the export price enjoyed a mild increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 132% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to South Korea ($X per unit) and Japan ($X per unit), while the average price for exports to 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 recorded for supplies to South Korea (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Denmark

In 2021, overseas purchases of non-upholstered seats with metal frames increased by 38% to X units, rising for the fourth consecutive year after three years of decline. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +158.1% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 61%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, metal frame non-upholstered seat imports surged to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +93.0% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume from No country was relatively modest.

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to Denmark, comprising 47% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 10% share of total imports. It was followed by Poland, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+6.0% per year) and Poland (+20.2% per year).

Import Prices by Country

The average metal frame non-upholstered seat import price stood at $X per unit in 2019, declining by -11.9% against the previous year. Overall, the import price faced a precipitous decline. The import price peaked at $X per unit in 2017; however, from 2018 to 2019, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, amid the top importers, the countries with the highest prices were Vietnam ($X per unit) and Sweden ($X per unit), while the price for China ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2017 to 2019, the most notable rate of growth in terms of prices was attained by Latvia (-22.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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