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

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

The Greek wooden frame non-upholstered seat market soared to $X in 2022, jumping by 23% against the previous year. Over the period under review, consumption, however, recorded strong growth. Wooden frame non-upholstered seat consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Production of Non-Upholstered Seats With Wooden Frames in Greece

In value terms, wooden frame non-upholstered seat production surged to $X in 2022 estimated in export price. Overall, production recorded a buoyant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Greece

In 2022, after two years of growth, there was significant decline in shipments abroad of non-upholstered seats with wooden frames, when their volume decreased by -9.6% to X units. Over the period under review, exports, however, posted a slight increase. The growth pace was the most rapid in 2014 with an increase of 252% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, wooden frame non-upholstered seat exports soared to $X in 2022. In general, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2014 when exports increased by 235% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X units) was the main destination for wooden frame non-upholstered seat exports from Greece, accounting for a 28% share of total exports. Moreover, wooden frame non-upholstered seat exports to Cyprus exceeded the volume sent to the second major destination, Italy (X units), threefold. Saudi Arabia (X units) ranked third in terms of total exports with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume to Cyprus amounted to +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+23.5% per year) and Saudi Arabia (+53.2% per year).

In value terms, Cyprus ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Greece, comprising 27% of total exports. The second position in the ranking was taken by Italy ($X), with a 9.7% share of total exports. It was followed by Saudi Arabia, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cyprus totaled +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+35.7% per year) and Saudi Arabia (+77.5% per year).

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, growing by 43% against the previous year. In general, the export price recorded strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($X per unit) and Canada ($X per unit), while the average price for exports to Croatia ($X per unit) and the United States ($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 Canada (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Greece

In 2022, wooden frame non-upholstered seat imports into Greece reduced to X units, declining by -14% against 2021. Overall, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, wooden frame non-upholstered seat imports skyrocketed to $X in 2022. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Indonesia (X units) and Turkey (X units) were the main suppliers of wooden frame non-upholstered seat imports to Greece, together accounting for 58% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +41.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden frame non-upholstered seat suppliers to Greece were China ($X), Indonesia ($X) and Turkey ($X), together comprising 58% of total imports.

Among the main suppliers, Indonesia, with a CAGR of +46.4%, 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

In 2022, the average wooden frame non-upholstered seat import price amounted to $X per unit, with an increase of 42% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2018 an increase of 49% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were North Macedonia ($X per unit) and Romania ($X per unit), while the price for Malaysia ($X per unit) and Vietnam ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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