EU: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in the EU

The EU metal frame upholstered seat market soared to $X in 2021, surging by 31% against the previous year. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +27.2% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Upholstered Seats With Metal Frames in the EU

In value terms, metal frame upholstered seat production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Upholstered Seats With Metal Frames

Exports in the EU

In 2021, shipments abroad of upholstered seats with metal frames increased by 39% to X units, rising for the third consecutive year after four years of decline. Total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +112.7% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat exports surged to $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +85.1% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the Netherlands (X units), Poland (X units), Germany (X units), Italy (X units) and Denmark (X units) represented the main exporter of upholstered seats with metal frames in the European Union, mixing up 73% of total export. Belgium (X units) took a 4.9% share (based on physical terms) of total exports, which put it in second place, followed by Spain (4.8%).

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +20.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest metal frame upholstered seat supplying countries in the European Union were Italy ($X), Germany ($X) and the Netherlands ($X), together accounting for 54% of total exports.

Among the main exporting countries, the Netherlands, with a CAGR of +15.6%, 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

In 2021, the export price in the European Union amounted to $X per unit, which is down by -12.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 28% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Upholstered Seats With Metal Frames

Imports in the EU

In 2021, purchases abroad of upholstered seats with metal frames increased by 41% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, imports posted a resilient expansion. The pace of growth was the most pronounced in 2018 when imports increased by 49% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, metal frame upholstered seat imports soared to $X in 2021. Overall, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units), distantly followed by the Netherlands (X units), France (X units), Poland (X units), Denmark (X units), Belgium (X units) and Spain (X units) were the key importers of upholstered seats with metal frames, together committing 77% of total imports. The following importers - Austria (X units), Italy (X units) and Sweden (X units) - together made up 11% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +25.8%), 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 2021, together accounting for 54% of total imports. These countries were followed by Poland, Denmark, Belgium, Spain, Austria, Italy and Sweden, which together accounted for a further 35%.

Among the main importing countries, Poland, with a CAGR of +27.1%, saw the highest rates of growth with regard to 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 import price in the European Union stood at $X per unit in 2021, surging by 3.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2016 when the import price increased by 13% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the Netherlands ($X per unit) and Austria ($X per unit), while Spain ($X per unit) and Sweden ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+1.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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