Finland: Market for Non-Upholstered Seats With Metal Frames 2024

Market Size for Non-Upholstered Seats With Metal Frames in Finland

The Finnish metal frame non-upholstered seat market totaled $X in 2021, growing by 12% against the previous year. Overall, consumption enjoyed a tangible increase. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Production of Non-Upholstered Seats With Metal Frames in Finland

In value terms, metal frame non-upholstered seat production rose slightly to $X in 2021 estimated in export price. Overall, production posted a prominent expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by 42% against the previous year. Metal frame non-upholstered seat production peaked in 2021 and is expected to retain growth in years to come.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Finland

In 2021, exports of non-upholstered seats with metal frames from Finland soared to X units, with an increase of 15% against the year before. Overall, exports saw a moderate expansion. The growth pace was the most rapid in 2014 when exports increased by 176% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, metal frame non-upholstered seat exports soared to $X in 2021. Over the period under review, exports saw a measured expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 81%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the near future.

Exports by Country

Estonia (X units), Russia (X units) and Latvia (X units) were the main destinations of metal frame non-upholstered seat exports from Finland, with a combined 47% share of total exports. Lithuania, Sweden, Norway, Kazakhstan, the United States, Luxembourg, Japan, the UK, Ireland and Germany lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +131.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal frame non-upholstered seat exported from Finland were Estonia ($X), Russia ($X) and Latvia ($X), with a combined 46% share of total exports. These countries were followed by Lithuania, Sweden, Norway, Kazakhstan, the United States, Luxembourg, Japan, the UK, Ireland and Germany, which together accounted for a further 40%.

Ireland, with a CAGR of +132.3%, saw the highest growth rate of the value of exports, in terms of 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 2021, the average metal frame non-upholstered seat export price amounted to $X per unit, remaining stable against the previous year. Overall, the export price showed a noticeable increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 233% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Luxembourg ($X per unit) and Kazakhstan ($X per unit), while the average price for exports to Ireland ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Finland

In 2021, metal frame non-upholstered seat imports into Finland rose significantly to X units, with an increase of 13% compared with the previous year's figure. In general, imports posted a temperate increase. The most prominent rate of growth was recorded in 2020 with an increase of 8,055%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, metal frame non-upholstered seat imports expanded remarkably to $X in 2021. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +76.0% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

From 2012 to 2021, the average annual growth rate of volume from No country was relatively modest.

In value terms, Sweden ($X), China ($X) and Denmark ($X) appeared to be the largest metal frame non-upholstered seat suppliers to Finland, together comprising 73% of total imports. Vietnam, Italy, Germany and Taiwan (Chinese) lagged somewhat behind, together comprising a further 11%.

In terms of the main suppliers, Vietnam, with a CAGR of +11.5%, recorded 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 average metal frame non-upholstered seat import price stood at $X per unit in 2019, rising by 6,605% against the previous year. Over the period under review, the import price saw a significant expansion. 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 supplying countries. In 2019, amid the top importers, the highest price was recorded for prices from China ($X per unit) and Vietnam ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Vietnam (+85.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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