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

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

In 2022, the Lithuanian wooden frame non-upholstered seat market decreased by -34.3% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Non-Upholstered Seats With Wooden Frames in Lithuania

In value terms, wooden frame non-upholstered seat production expanded markedly to $X in 2022 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +45.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Wooden frame non-upholstered seat production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Lithuania

Wooden frame non-upholstered seat exports from Lithuania fell markedly to X units in 2022, which is down by -17.3% compared with 2021. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of X units, and then dropped dramatically in the following year.

In value terms, wooden frame non-upholstered seat exports fell notably to $X in 2022. The total export value increased at an average annual rate of +2.3% 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 35%. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

France (X units) was the main destination for wooden frame non-upholstered seat exports from Lithuania, accounting for a 37% share of total exports. Moreover, wooden frame non-upholstered seat exports to France exceeded the volume sent to the second major destination, the UK (X units), fourfold. Sweden (X units) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+6.5% per year) and Sweden (-3.2% per year).

In value terms, France ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Lithuania, comprising 37% of total exports. The second position in the ranking was taken by the UK ($X), with an 8.6% share of total exports. It was followed by Sweden, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value to France totaled +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+7.1% per year) and Sweden (-2.6% per year).

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, remaining constant against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 0.8% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then fell in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Canada ($X per unit) and Spain ($X per unit), while the average price for exports to Belgium ($X per unit) and Estonia ($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 (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Lithuania

After two years of growth, supplies from abroad of non-upholstered seats with wooden frames decreased by -32.1% to X units in 2022. Overall, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 92% against the previous year. As a result, imports reached the peak of X units, and then contracted markedly in the following year.

In value terms, wooden frame non-upholstered seat imports reduced modestly to $X in 2022. Over the period under review, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 80%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Poland (X units) constituted the largest wooden frame non-upholstered seat supplier to Lithuania, accounting for a 50% share of total imports. Moreover, wooden frame non-upholstered seat imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. China (X units) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.8% per year) and China (+16.4% per year).

In value terms, Poland ($X) constituted the largest supplier of non-upholstered seats with wooden frames to Lithuania, comprising 50% of total imports. The second position in the ranking was taken by Italy ($X), with a 9.9% share of total imports. It was followed by China, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at +35.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.2% per year) and China (+20.2% per year).

Import Prices by Country

The average wooden frame non-upholstered seat import price stood at $X per unit in 2022, increasing by 43% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2018 an increase of 49%. The import price peaked 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 highest price was recorded for prices from Germany ($X per unit) and Sweden ($X per unit), while the price for Estonia ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform