Denmark: Swivel Seat Market 2024

Swivel Seat Market Size in Denmark

In 2022, after six years of growth, there was significant decline in the Danish swivel seat market, when its value decreased by -10.6% to $X. Overall, consumption, however, continues to indicate a resilient expansion. As a result, consumption attained the peak level of $X, and then fell in the following year.

Swivel Seat Production in Denmark

In value terms, swivel seat production shrank to $X in 2022 estimated in export price. In general, production posted prominent growth. The growth pace was the most rapid in 2018 with an increase of 45%. Swivel seat production peaked at $X in 2021, and then contracted in the following year.

Swivel Seat Exports

Exports from Denmark

In 2022, approx. X units of swivel seats with variable height adjustments were exported from Denmark; reducing by -2.9% against the previous year's figure. In general, exports, however, continue to indicate modest growth. The most prominent rate of growth was recorded in 2019 with an increase of 69% against the previous year. The exports peaked at X units in 2021, and then fell in the following year.

In value terms, swivel seat exports reduced to $X in 2022. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by 53%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Norway (X units), the Netherlands (X units) and Sweden (X units) were the main destinations of swivel seat exports from Denmark, together comprising 54% of total exports. Germany, the UK, Finland, France, Belgium, Ireland, Switzerland and Poland lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +27.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), the Netherlands ($X) and Sweden ($X) were the largest markets for swivel seat exported from Denmark worldwide, with a combined 52% share of total exports. Germany, Belgium, Ireland, the UK, France, Switzerland, Finland and Poland lagged somewhat behind, together comprising a further 36%.

Ireland, with a CAGR of +36.0%, saw the highest rates of growth with regard to the value of exports, among 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 swivel seat export price amounted to $X per unit, with a decrease of -8.4% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, swivel seat export price increased by +34.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 35%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per unit), while the average price for exports to Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into Denmark

In 2022, overseas purchases of swivel seats with variable height adjustments decreased by -9.5% to X units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.5% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of 54% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, swivel seat imports shrank to $X in 2022. Over the period under review, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Sweden (X units), China (X units) and Norway (X units) were the main suppliers of swivel seat imports to Denmark, with a combined 72% share of total imports. Germany, Lithuania, Poland and the UK lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +17.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest swivel seat suppliers to Denmark were Sweden ($X), China ($X) and Norway ($X), with a combined 72% share of total imports. Germany, Lithuania, Poland and the UK lagged somewhat behind, together comprising a further 23%.

Among the main suppliers, Poland, with a CAGR of +20.6%, 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

In 2022, the average swivel seat import price amounted to $X per unit, dropping by -3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per unit) and the UK ($X per unit), while the price for Lithuania ($X per unit) and China ($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 (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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