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

Market Size for Non-Upholstered Seats With Wooden Frames in the EU

For the fourth consecutive year, the EU wooden frame non-upholstered seat market recorded growth in sales value, which increased by 1.4% to $X in 2022. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Non-Upholstered Seats With Wooden Frames in the EU

In value terms, wooden frame non-upholstered seat production rose rapidly to $X in 2022 estimated in export price. In general, production, however, recorded modest growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 56%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports in the EU

In 2022, the amount of non-upholstered seats with wooden frames exported in the European Union dropped dramatically to X units, declining by -26.3% against 2021 figures. Overall, exports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2013 when exports increased by 14%. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports contracted to $X in 2022. Total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.0% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $X, and then dropped modestly in the following year.

Exports by Country

The shipments of the twelve major exporters of non-upholstered seats with wooden frames, namely the Netherlands, Poland, Romania, Denmark, Italy, Germany, Bulgaria, Belgium, Spain, Lithuania, Sweden and the Czech Republic, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +5.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame non-upholstered seat supplying countries in the European Union were the Netherlands ($X), Italy ($X) and Denmark ($X), with a combined 43% share of total exports.

Among the main exporting countries, Denmark, with a CAGR of +15.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, picking up by 29% against the previous year. Overall, the export price continues to indicate a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.7%), while the other leaders experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports in the EU

In 2022, purchases abroad of non-upholstered seats with wooden frames decreased by -29.7% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of X units, and then dropped significantly in the following year.

In value terms, wooden frame non-upholstered seat imports rose slightly to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +62.3% against 2015 indices. The growth pace was the most rapid in 2021 when imports increased by 29%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), France (X units), Spain (X units), Sweden (X units), Denmark (X units), Italy (X units) and Belgium (X units) represented the largest importers of non-upholstered seats with wooden frames, together achieving 80% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +8.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 49% of total imports. Spain, Sweden, Denmark, Italy and Belgium lagged somewhat behind, together accounting for a further 31%.

Spain, with a CAGR of +12.1%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, picking up by 46% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Denmark ($X per unit) and Belgium ($X per unit), while Spain ($X per unit) and Italy ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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