EU: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in the EU

In 2022, the EU wooden frame upholstered seat market increased by 10% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Upholstered Seats With Wooden Frames in the EU

In value terms, wooden frame upholstered seat production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports in the EU

After three years of growth, overseas shipments of upholstered seats with wooden frames decreased by -8.5% to X units in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.3% 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 +107.3% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, the exports reached the peak of X units, and then contracted in the following year.

In value terms, wooden frame upholstered seat exports contracted to $X in 2022. The total export value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of $X, and then dropped slightly in the following year.

Exports by Country

Poland represented the largest exporter of upholstered seats with wooden frames in the European Union, with the volume of exports resulting at X units, which was near 51% of total exports in 2022. It was distantly followed by Italy (X units) and Romania (X units), together committing a 23% share of total exports. The following exporters - Lithuania (X units), Germany (X units), Denmark (X units), Slovakia (X units), the Netherlands (X units) and Portugal (X units) - together made up 16% of total exports.

Poland was also the fastest-growing in terms of the upholstered seats with wooden frames exports, with a CAGR of +11.0% from 2012 to 2022. At the same time, Portugal (+9.6%), Romania (+5.8%), Denmark (+5.1%), Lithuania (+4.6%), Slovakia (+4.0%), the Netherlands (+2.2%) and Italy (+1.5%) displayed positive paces of growth. By contrast, Germany (-4.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland increased by +21 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), Italy ($X) and Romania ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 67% of total exports. Lithuania, Germany, Denmark, the Netherlands, Portugal and Slovakia lagged somewhat behind, together accounting for a further 20%.

Among the main exporting countries, Portugal, with a CAGR of +11.5%, 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 2022, the export price in the European Union amounted to $X per unit, increasing by 4.7% against the previous year. In general, the export price, however, saw a slight shrinkage. The growth pace was the most rapid in 2018 when the export price increased by 34% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Poland ($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 (+1.9%), while the other leaders experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports in the EU

In 2022, after three years of growth, there was significant decline in supplies from abroad of upholstered seats with wooden frames, when their volume decreased by -33.5% to X units. Total imports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of X units, and then fell notably in the following year.

In value terms, wooden frame upholstered seat imports fell to $X in 2022. The total import value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by France (X units), the Netherlands (X units), Denmark (X units) and Belgium (X units) represented the key importers of upholstered seats with wooden frames, together mixing up 70% of total imports. The following importers - Sweden (X units), Austria (X units), Italy (X units), Spain (X units), Ireland (X units), the Czech Republic (X units), Finland (X units) and Poland (X units) - together made up 22% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +10.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 60% share of total imports. Denmark, Belgium, Sweden, Austria, Italy, Spain, Ireland, the Czech Republic, Poland and Finland lagged somewhat behind, together comprising a further 32%.

In terms of the main importing countries, Poland, with a CAGR of +12.3%, 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 import price in the European Union stood at $X per unit in 2022, increasing by 39% against the previous year. In general, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Netherlands ($X per unit) and Spain ($X per unit), while Finland ($X per unit) and Ireland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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