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

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

The Luxembourg wooden frame non-upholstered seat market contracted significantly to $X in 2022, waning by -23.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a perceptible decrease. Wooden frame non-upholstered seat consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Non-Upholstered Seats With Wooden Frames

Exports from Luxembourg

In 2022, after two years of decline, there was significant growth in shipments abroad of non-upholstered seats with wooden frames, when their volume increased by 141% to X units. Overall, exports, however, saw a perceptible shrinkage. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wooden frame non-upholstered seat exports surged to $X in 2022. In general, exports enjoyed a resilient expansion. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for wooden frame non-upholstered seat exports from Luxembourg, with a 74% share of total exports. Moreover, wooden frame non-upholstered seat exports to Germany exceeded the volume sent to the second major destination, Belgium (X units), fourfold. France (X units) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +54.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-11.4% per year) and France (-20.2% per year).

In value terms, Germany ($X) remains the key foreign market for non-upholstered seats with wooden frames exports from Luxembourg, comprising 64% of total exports. The second position in the ranking was held by Belgium ($X), with a 30% share of total exports. It was followed by France, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +69.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+2.6% per year) and France (-12.9% per year).

Export Prices by Country

In 2022, the average wooden frame non-upholstered seat export price amounted to $X per unit, jumping by 20% against the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 an increase of 54%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Upholstered Seats With Wooden Frames

Imports into Luxembourg

In 2022, imports of non-upholstered seats with wooden frames into Luxembourg contracted remarkably to X units, waning by -18.2% compared with the previous year. In general, imports recorded a noticeable decline. The growth pace was the most rapid in 2019 when imports increased by 18%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, wooden frame non-upholstered seat imports dropped remarkably to $X in 2022. Overall, imports continue to indicate a mild slump. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), China (X units) and Germany (X units) were the main suppliers of wooden frame non-upholstered seat imports to Luxembourg, with a combined 58% share of total imports. Italy, Belgium, France, Denmark, Serbia, Romania, Indonesia, Vietnam and Poland lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +32.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and Germany ($X) were the largest wooden frame non-upholstered seat suppliers to Luxembourg, together accounting for 58% of total imports. Italy, Belgium, France, Denmark, Serbia, Romania, Indonesia, Vietnam and Poland lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, Indonesia, with a CAGR of +37.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wooden frame non-upholstered seat import price amounted to $X per unit, falling by -4.9% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame non-upholstered seat import price decreased by -1.6% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 50%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then declined modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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