Ireland: Market for Upholstered Seats With Metal Frames 2024

Market Size for Upholstered Seats With Metal Frames in Ireland

The Irish metal frame upholstered seat market surged to $X in 2021, with an increase of 98% against the previous year. Over the period under review, consumption showed a buoyant increase. 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 Ireland

In value terms, metal frame upholstered seat production totaled $X in 2021 estimated in export price. Overall, production, however, showed a abrupt shrinkage. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Upholstered Seats With Metal Frames

Exports from Ireland

In 2021, shipments abroad of upholstered seats with metal frames increased by 80% to X units, rising for the third year in a row after two years of decline. Overall, exports recorded noticeable growth. The pace of growth appeared the most rapid in 2014 when exports increased by 193%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal frame upholstered seat exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for metal frame upholstered seat exports from Ireland, accounting for a 93% share of total exports. Moreover, metal frame upholstered seat exports to the UK exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was taken by Italy (X units), with a 1.8% share.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+82.5% per year) and Italy (+149.1% per year).

In value terms, the UK ($X) remains the key foreign market for upholstered seats with metal frames exports from Ireland, comprising 90% of total exports. The second position in the ranking was taken by Germany ($X), with a 3.7% share of total exports. It was followed by Italy, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+72.0% per year) and Italy (+182.2% per year).

Export Prices by Country

The average metal frame upholstered seat export price stood at $X per unit in 2021, waning by -21.1% against the previous year. Overall, the export price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 51% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Italy ($X per unit) and the UK ($X per unit), while the average price for exports to Norway ($X per unit) and Germany ($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 Italy (+13.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Upholstered Seats With Metal Frames

Imports into Ireland

Metal frame upholstered seat imports into Ireland skyrocketed to X units in 2021, with an increase of 97% compared with 2020. Overall, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat imports skyrocketed to $X in 2021. In general, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

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

In value terms, China ($X) constituted the largest supplier of upholstered seats with metal frames to Ireland, comprising 70% of total imports. The second position in the ranking was taken by the UK ($X), with an 11% share of total imports. It was followed by Italy, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+4.7% per year) and Italy (+14.4% per year).

Import Prices by Country

The average metal frame upholstered seat import price stood at $X per unit in 2017, growing by 12% against the previous year. Over the period from 2014 to 2017, it increased at an average annual rate of +9.5%. The most prominent rate of growth was recorded in 2016 an increase of 13% against the previous year. The import price peaked in 2017 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2017, amid the top importers, the countries with the highest prices were China ($X per unit) and the UK ($X per unit), while the price for Spain ($X per unit) and Malaysia ($X per unit) were amongst the lowest.

From 2014 to 2017, the most notable rate of growth in terms of prices was attained by Spain (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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