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

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

In 2021, the Italian metal frame non-upholstered seat market increased by 11% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, recorded a perceptible decline. Metal frame non-upholstered seat consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Non-Upholstered Seats With Metal Frames in Italy

In value terms, metal frame non-upholstered seat production rose notably to $X in 2021 estimated in export price. Overall, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of 85%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Non-Upholstered Seats With Metal Frames

Exports from Italy

In 2021, metal frame non-upholstered seat exports from Italy skyrocketed to X units, rising by 28% compared with 2020. Overall, exports, however, continue to indicate a noticeable slump. The growth pace was the most rapid in 2014 with an increase of 61% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal frame non-upholstered seat exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and the United States (X units) were the main destinations of metal frame non-upholstered seat exports from Italy, together comprising 40% of total exports. Switzerland, the UK, Spain, Austria, Belgium, the Netherlands, China, Israel, Japan and Ireland lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +7.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the United States ($X) appeared to be the largest markets for metal frame non-upholstered seat exported from Italy worldwide, together accounting for 40% of total exports. These countries were followed by Switzerland, the UK, Spain, Austria, Belgium, the Netherlands, China, Israel, Japan and Ireland, which together accounted for a further 32%.

In terms of the main countries of destination, China, with a CAGR of +13.5%, recorded 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 2021, the average metal frame non-upholstered seat export price amounted to $X per unit, remaining stable against the previous year. In general, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices hit record highs 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 external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per unit) and Germany ($X per unit), while the average price for exports to the UK ($X per unit) and China ($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 Belgium (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Metal Frames

Imports into Italy

In 2021, overseas purchases of non-upholstered seats with metal frames increased by 36% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +178.6% against 2017 indices. The growth pace was the most rapid in 2018 when imports increased by 71%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, metal frame non-upholstered seat imports surged to $X in 2021. In general, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.2% 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 +87.3% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal frame non-upholstered seat to Italy, accounting for a 70% share of total imports. Moreover, metal frame non-upholstered seat imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was held by Bulgaria (X units), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.6% per year) and Bulgaria (-0.4% per year).

In value terms, China ($X) constituted the largest supplier of non-upholstered seats with metal frames to Italy, comprising 70% of total imports. The second position in the ranking was held by Germany ($X), with a 5.9% share of total imports. It was followed by Bulgaria, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.2% per year) and Bulgaria (+0.2% per year).

Import Prices by Country

In 2021, the average metal frame non-upholstered seat import price amounted to $X per unit, rising by 1.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 47%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and Slovenia ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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