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

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

The Estonian wooden frame non-upholstered seat market declined notably to $X in 2022, dropping by -29.1% against the previous year. Over the period under review, consumption showed a noticeable decrease. Wooden frame non-upholstered seat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Upholstered Seats With Wooden Frames in Estonia

In value terms, wooden frame non-upholstered seat production dropped remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, production reached the peak level of $X, and then shrank rapidly in the following year.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Estonia

In 2022, shipments abroad of non-upholstered seats with wooden frames decreased by -14.6% to X units, falling for the third year in a row after four years of growth. Overall, exports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2017 when exports increased by 27% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wooden frame non-upholstered seat exports stood at $X in 2022. Over the period under review, exports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 25%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Finland (X units), Sweden (X units) and Germany (X units) were the main destinations of wooden frame non-upholstered seat exports from Estonia, together accounting for 92% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +4.5%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wooden frame non-upholstered seat exported from Estonia were Finland ($X), Sweden ($X) and Germany ($X), with a combined 92% share of total exports.

Among the main countries of destination, Sweden, with a CAGR of +7.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average wooden frame non-upholstered seat export price stood at $X per unit in 2022, jumping by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, the export price attained 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 countries with the highest prices were Russia ($X per unit) and Denmark ($X per unit), while the average price for exports to Finland ($X per unit) and Sweden ($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 Russia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Estonia

In 2022, imports of non-upholstered seats with wooden frames into Estonia fell notably to X units, dropping by -40.5% against the year before. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 51% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, wooden frame non-upholstered seat imports dropped to $X in 2022. Over the period under review, imports recorded a slight descent. The most prominent rate of growth was recorded in 2019 when imports increased by 30%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Latvia (X units) and Vietnam (X units) were the main suppliers of wooden frame non-upholstered seat imports to Estonia, with a combined 42% share of total imports. Poland, Italy, Indonesia, Romania, Malaysia, Lithuania, Ukraine, Finland, Bulgaria and Denmark lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +45.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Latvia ($X) and Vietnam ($X) constituted the largest wooden frame non-upholstered seat suppliers to Estonia, with a combined 42% share of total imports. Poland, Italy, Indonesia, Romania, Malaysia, Lithuania, Ukraine, Finland, Bulgaria and Denmark lagged somewhat behind, together comprising a further 47%.

Bulgaria, with a CAGR of +50.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 wooden frame non-upholstered seat import price amounted to $X per unit, jumping by 51% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. 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 countries with the highest prices were Bulgaria ($X per unit) and Lithuania ($X per unit), while the price for Denmark ($X per unit) and Malaysia ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform