Report Update Nov 1, 2024

Hungary - Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in Hungary

The Hungarian metal frame upholstered seat market rose remarkably to $X in 2021, with an increase of 12% against the previous year. Overall, consumption continues to indicate a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Upholstered Seats With Metal Frames in Hungary

In value terms, metal frame upholstered seat production expanded to $X in 2021 estimated in export price. Over the period under review, the total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -23.4% against 2017 indices. The pace of growth appeared the most rapid in 2014 with an increase of 71%. Metal frame upholstered seat production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Upholstered Seats With Metal Frames

Exports from Hungary

In 2021, overseas shipments of upholstered seats with metal frames increased by 25% to X units, rising for the second consecutive year after two years of decline. Over the period under review, total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +16.5% 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 +40.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 227%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, metal frame upholstered seat exports expanded markedly to $X in 2021. In general, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +15.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 227%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for metal frame upholstered seat exports from Hungary, accounting for a 86% share of total exports. Moreover, metal frame upholstered seat exports to Germany exceeded the volume sent to the second major destination, Austria (X units), more than tenfold. The third position in this ranking was taken by Poland (X units), with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+70.3% per year) and Poland (+43.1% per year).

In value terms, Germany ($X) remains the key foreign market for upholstered seats with metal frames exports from Hungary, comprising 86% of total exports. The second position in the ranking was taken by Austria ($X), with a 4.6% share of total exports. It was followed by the Netherlands, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+68.2% per year) and the Netherlands (+19.1% per year).

Export Prices by Country

In 2021, the average metal frame upholstered seat export price amounted to $X per unit, reducing by -13.7% against the previous year. Overall, the export price recorded a slight descent. The growth pace was the most rapid in 2018 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 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 the UK ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Poland ($X per unit) and Germany ($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 the UK (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Upholstered Seats With Metal Frames

Imports into Hungary

In 2021, imports of upholstered seats with metal frames into Hungary surged to X units, rising by 19% against the previous year's figure. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 56% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, metal frame upholstered seat imports soared to $X in 2021. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 33% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for upholstered seats with metal frames in the world?

The countries with the highest volumes of metal frame upholstered seat consumption in 2020 were the United States, China and Germany, together accounting for 35% of global consumption.

What are the largest producers of upholstered seats with metal frames in the world?

China constituted the country with the largest volume of metal frame upholstered seat production, accounting for 78% of total volume. Moreover, metal frame upholstered seat production in China exceeded the figures recorded by the second-largest producer, Indonesia, more than tenfold. The third position in this ranking was occupied by Vietnam, with a 2.7% share.

What are the leading suppliers of upholstered seats with metal frames to Hungary?

In value terms, the largest metal frame upholstered seat suppliers to Hungary were Poland, Germany and China, together accounting for 56% of total imports. These countries were followed by Italy, Austria, Slovakia, Russia, the Netherlands, the Czech Republic and Romania, which together accounted for a further 31%.

What are the leading importers of upholstered seats with metal frames from Hungary?

In value terms, Germany remains the key foreign market for metal frame upholstered seat exports from Hungary, comprising 89% of total exports. The second position in the ranking was occupied by Austria, with a 4.2% share of total exports. It was followed by Slovakia, with a 1.4% share.

What is the average export price for upholstered seats with metal frames in Hungary?

In 2020, the average metal frame upholstered seat export price amounted to $77 per unit, growing by 6.5% against the previous year.

What is the average import price for upholstered seats with metal frames in Hungary?

The average metal frame upholstered seat import price stood at $30 per unit in 2020, dropping by -5.1% against the previous year.

This report provides an in-depth analysis of the market for metal frame upholstered seat in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 31001170 - Upholstered seats with metal frames (excluding swivel seats, m edical, surgical, dental or veterinary seats, barbers

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023