Italy: Market for Upholstered Seats With Wooden Frames 2024

Market Size for Upholstered Seats With Wooden Frames in Italy

The Italian wooden frame upholstered seat market fell to $X in 2022, waning by -6.9% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Upholstered Seats With Wooden Frames in Italy

In value terms, wooden frame upholstered seat production soared to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 59% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Upholstered Seats With Wooden Frames

Exports from Italy

In 2022, shipments abroad of upholstered seats with wooden frames increased by 72% to X units, rising for the fourth year in a row after four years of decline. Over the period under review, exports enjoyed a slight expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wooden frame upholstered seat exports amounted to $X in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 37%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

France (X units), the United States (X units) and China (X units) were the main destinations of wooden frame upholstered seat exports from Italy, together comprising 47% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +17.1%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and China ($X) constituted the largest markets for wooden frame upholstered seat exported from Italy worldwide, together accounting for 47% of total exports.

In terms of the main countries of destination, China, with a CAGR of +19.3%, 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 2022, the average wooden frame upholstered seat export price amounted to $X per unit, waning by -40.9% against the previous year. Overall, the export price, however, enjoyed slight growth. The growth pace was the most rapid in 2015 when the average export price increased by 72%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per unit) and the United Arab Emirates ($X per unit), while the average price for exports to Russia ($X per unit) and Spain ($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 the United Arab Emirates (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Upholstered Seats With Wooden Frames

Imports into Italy

In 2022, after five years of growth, there was significant decline in overseas purchases of upholstered seats with wooden frames, when their volume decreased by -38.4% to X units. Over the period under review, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports reached the peak of X units, and then reduced dramatically in the following year.

In value terms, wooden frame upholstered seat imports shrank to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Romania (X units) constituted the largest supplier of wooden frame upholstered seat to Italy, with a 33% share of total imports. Moreover, wooden frame upholstered seat imports from Romania exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Serbia (X units) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Romania stood at -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.3% per year) and Serbia (+10.3% per year).

In value terms, Romania ($X) constituted the largest supplier of upholstered seats with wooden frames to Italy, comprising 33% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Serbia, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Romania totaled -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.2% per year) and Serbia (+12.5% per year).

Import Prices by Country

The average wooden frame upholstered seat import price stood at $X per unit in 2022, growing by 41% against the previous year. Overall, the import price showed a slight increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 66%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bulgaria ($X per unit) and Albania ($X per unit), while the price for Hungary ($X per unit) and Indonesia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :