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

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

In 2022, the Danish wooden frame non-upholstered seat market increased by 18% to $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption saw a mild shrinkage. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Denmark

In value terms, wooden frame non-upholstered seat production amounted to $X in 2022 estimated in export price. Overall, production saw buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. Wooden frame non-upholstered seat production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Denmark

In 2022, shipments abroad of non-upholstered seats with wooden frames decreased by -4.1% to X units, falling for the third year in a row after eight years of growth. Overall, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 33% 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 failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports reached $X in 2022. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X units), Sweden (X units) and Japan (X units) were the main destinations of wooden frame non-upholstered seat exports from Denmark, together accounting for 39% of total exports. The United States, Norway, France, the UK, the Netherlands, Belgium, Switzerland, Italy and Finland lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +25.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and Japan ($X) constituted the largest markets for wooden frame non-upholstered seat exported from Denmark worldwide, with a combined 39% share of total exports. The United States, Norway, France, the UK, the Netherlands, Belgium, Switzerland, Italy and Finland lagged somewhat behind, together accounting for a further 45%.

The United States, with a CAGR of +37.0%, 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 wooden frame non-upholstered seat export price stood at $X per unit in 2022, surging by 4.9% against the previous year. Overall, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 62%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($X per unit) and Finland ($X per unit), while the average price for exports to Sweden ($X per unit) and France ($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 Finland (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Denmark

After three years of growth, purchases abroad of non-upholstered seats with wooden frames decreased by -6.5% to X units in 2022. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, wooden frame non-upholstered seat imports skyrocketed to $X in 2022. In general, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Vietnam (X units), Latvia (X units) and Indonesia (X units) were the main suppliers of wooden frame non-upholstered seat imports to Denmark, with a combined 55% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of +26.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Latvia ($X) and Indonesia ($X) appeared to be the largest wooden frame non-upholstered seat suppliers to Denmark, with a combined 55% share of total imports.

In terms of the main suppliers, Latvia, with a CAGR of +30.7%, saw the highest growth rate of 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, surging by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($X per unit) and Germany ($X per unit), while the price for Lithuania ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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